In mixed pattern of trading, select edible oil prices gained up to Rs 150 per quintal on millers, in view of festive season amid firming global trend, while a few others remained weak on lack of buying support.
Buying activity in select edible oils picked up, as millers enlarged their holdings to meet the ongoing festive and marriage season demand amid firming global trend.
Sentiment remained firm after palm oil continued its upward march for the seventh week, the longest rally since May 8, 2009, as a weaker dollar pushed investors to buy commodities as alternative assets.
Meanwhile, palm oil futures for December delivery advanced 1.1 per cent to $955 a metric tonne on the Malaysia Derivatives Exchange, the highest since August 1, 2008.
In the national capital, groundnut mill delivery oil (Gujarat) gained the most by rising Rs 150 to Rs 8,750 per quintal on millers buying. Soyabean degum (Delhi) gained Rs 30 to Rs 4,900 per quintal.
Crude palm oil (ex-kandla) and palmolein (rbd) were also seen in demand and advanced by Rs 30 each to Rs 4,320 and Rs 5,150 per quintal.
Cottonseed mill delivery (Haryana), too, traded in positive zone, with a rise of Rs 70 to Rs 4,650 per quintal.
However, mustard expeller oil (Dadri) and soyabean refined lacked necessary buying support and lost Rs 70 and Rs 20, to Rs 5,350 and Rs 5,230 per quintal, respectively.
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) 5,350, Mustard Pakki ghani (per tin) 730-885, Mustard kachi ghani (per tin) 885-985, Sunflower 6,300
Sesame mill delivery 5,950, soyabean refined mill delivery (Indore) 5,230 Soyabean degum (Delhi) 4,900, Crude Palm Oil (Ex-kandla) 4,320, 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
