Prices of select edible oils gathered up to Rs 150 per quintal in the wholesale oils and oilseeds market today on increased buying by vanaspati millers and local parties, driven by upcoming festival season.
Traders said positions increased buying by vanaspati millers and local parties to meet the coming festival and marriage season demand and rising trend in global markets influenced the trading sentiment.
In the national capital, cottonseed mill delivery (Haryana) gained the most by rising Rs 150 to Rs 4,800, while sesame mill delivery gained Rs 100 to Rs 5,950 per quintal.
Mustard expeller oil (Dadri) rose by Rs 80 to Rs 5,480 per quintal. Coconut oil climbed to Rs 1,150-1,200 from previous level of Rs 1,125-1,155 per tin of 15 litres.
In the non-edible section, castor oil rose by Rs 200 to Rs 8,400-8,500 per quintal. In the oilseeds section, mustardseed oil too traded in positive zone to Rs 2,550-2,680 against last close of Rs 2,500-2,600 per quintal.
Following are today's quotations in Rs per quintal:
Oilseeds: mustard seed 2,550-2,680 and groundnut seed 2,100-2,850
Vanaspati ghee (15 litres tin) 750-860
Edible oils: Groundnut mill delivery (Gujarat) 8,980, groundnut Solvent refined (per tin) 1,550-1,560, Mustard Expeller (Dadri) 5,480, 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) 5,000 Soyabean degum (Delhi) 4,710, Crude Palm Oil (Ex-kandla) 4,230, Cottonseed mill delivery (Haryana) 4,800, Palmolein (RBD) 4,970, Rice bran (phy) 3,750 and Coconut (per tin) 1,150-1,200
Non-edible oils: Linseed 4,100, Mahuwa 4,000, Castor 8,400-8,500, Neem 3,800-3,900, 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) 1,025-1,050, Mustard 1,200-1,210 and Cottonseed 1,075-1,175
