Select edible oil prices recovered up to Rs 20 per quintal on the wholesale oils and oilseeds market today on pick up in demand, driven by ongoing festive and marriage season amid firming global trend.
Trading sentiment also buoyed, as palm oil surged to $963 a metric tonne for the first time since July 31, 2008, in Malaysia, on speculation that supplies may lag behind surging demand from China and India.
Meanwhile, palm oil futures for the January delivery rose 1.2 per cent to $963 on the Malaysia Derivatives Exchange.
In the national capital, palmolein (rbd) and crude palm oil (ex-kandla) rebounded by Rs 20 and Rs 10 to Rs 5,150 and Rs 4,300, while soyabean refined mill delivery (Indore) and soyabean degum (Delhi) traded higher by the same margin to Rs 5,270 and Rs 4,920 per quintal.
Following are today's quotations in Rs per quintal:
Oilseeds: mustard seed 2,525-2,655 and groundnut seed 2,100-2,850
Vanaspati ghee (15 litres tin) 815-910.
Edible oils: Groundnut mill delivery (Gujarat) 8,750, groundnut Solvent refined (per tin) 1,450-1,460, Mustard Expeller (Dadri) 5,370, Mustard Pakki ghani (per tin) 730-885, Mustard kachi ghani (per tin) 885-985
Sunflower 6,300, Sesame mill delivery 5,950, soybean Refined mill delivery (Indore) 5,270 Soyabean degum (Delhi) 4,920, Crude Palm Oil (Ex-kandla) 4,300, Cottonseed mill delivery (Haryana) 4,650, Palmolein (RBD) 5,150, Rice bran (phy) 3,750 and Coconut (per tin) 1,260-1,310
Non-edible oils: Linseed 4,200, Mahuwa 4,000, Castor 8,450-8,550, Neem 3,700-3,800, Rice bran 3,300-3,400 and palm fatty 3,225-3,300
Oilcakes: groundnut de-husk 800-850, sesame 950-1,150, Mustard (new) 1,000-1,025, Mustard 1,200-1,210 and Cottonseed 1,075-1,175
