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Palmolein oil up on global cues

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Press Trust of India New Delhi

Palmolein oil prices rose by Rs 30 per quintal in the wholesale oils and oilseeds market today on pick-up in retailers demand amid higher Malaysian advices.

Prices of other edible and non-edible oils continued to trade at previous levels in the absence of worthwhile activity.

Traders said apart from pick-up in retailers demand, firming trend in Malaysian mainly pushed up wholesale polmolein oil prices. 

In the national capital, palmolein (rbd) and palmolein (kandla) oils gained Rs 30 each to Rs 5,680 and Rs 5,380 per quintal, respectively.  

Following are today's quotations per quintal:

Oilseeds: mustard seed 2,525-2,655 and Groundnut seed 2,100-2,850
Vanaspati ghee (15 litres tin) 1,065-1,140

 

Edible oils: Groundnut mill delivery (Gujarat) 8,200, groundnut Solvent refined (per tin) 1,400-1,410, Mustard Expeller (Dadri) 5,680, Mustard Pakki ghani (per tin) 755-910, Mustard kachi ghani (per tin) 910-1,010

Sunflower 6,300, Sesame mill delivery 6,150, soybean Refined mill delivery (Indore) 6,150, Soyabean  degum (Kandla) 5,750, Crude Palm Oil (Ex-kandla) 5,150, Cottonseed mill delivery (Haryana) 5,440

Palmolein (RBD) Rs 5,680 Palmolein (Kandla) 5,380, Rice bran (phy) 3,750 and Coconut (per tin) 1,700-1,760

Non-edible oils: Linseed 4,550, Mahuwa 4,000, Castor 8,480-8,580, Neem 4,050-4,150, Rice bran 3,300-3,400 and palm fatty 3,225-3,300

Oilcakes: groundnut dehusk 800-850, sesame 950-1,150, Mustard (new) 1,000-1,025, Mustard 1,200-1,210 and Cottonseed 1,075-1,175

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First Published: Jul 04 2011 | 2:52 PM IST

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