Sesame, mustard oils rise on pick up in demand

Sesame and mustard oil prices rose up to Rs 100 per quintal on the wholesale oils and oilseeds market on increased buying by vanaspati millers on pick-up in demand. 

Traders said fresh buying by vanaspati millers to meet marriage season demand, mainly led to the rise in sesame and mustard oil prices.

In the national capital, sesame mill delivery oil rose by Rs 100 to Rs 6,350 per quintal.

Mustard expeller oil (Dadri) also gained Rs 50 to Rs 6,100 per quintal.

Mustard pakki and kachi ghani oils traded higher by Rs 5 each to Rs 775-930 and Rs 930-1,030 per tin, respectively.

Vanaspati ghee too traded in positive zone at Rs 1,065-1,140 against last close of 925-960 per tin on rising demand.

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) 1065-1140

Edible oils: Groundnut mill delivery (Gujarat) 7,250, groundnut Solvent refined (per tin) 1,400-1,410, Mustard Expeller (Dadri) 6100, Mustard Pakki ghani (per tin) 775-930, Mustard kachi ghani (per tin) 930-1,030

Sunflower 6,300, Sesame mill delivery 6,350, soybean Refined mill delivery (Indore) 6,450, Soyabean degum (Kandla) 6,10, Crude Palm Oil (Ex-kandla) 5,500

Cottonseed mill delivery (Haryana) 5,700, Palmolein (RBD) 6,150, Rice bran (phy) 3,750 and Coconut (per tin) 1,415-1,475

Non-edible oils: Linseed 4,550, Mahuwa 4,000, Castor 8,650-8,750, Neem 4,050-4,150, 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