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Coconut oil rises on demand from retailers

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Press Trust of India New Delhi
Coconut oil prices rose by Rs 50 per tin in an otherwise steady wholesale oils and oilseeds market today on increased retailers demand.

However, other edible and non-edible oils moved in a narrow range in limited deals and settled at previous levels.

Traders said besides increased retailers demand, higher advices from producing regions led to rise in coconut oil prices.

In the national capital, coconut oil moved up by Rs 50 to Rs 1,750-1,800 per tin.

The following are today's quotations per quintal:

Oilseeds: Mustardseed 2,950-3,050 and Groundnut Seed 2,150-2,900.

Vanaspati Ghee (15-litre tin) 1,160-1,290.

Edible oils: Groundnut Mill Delivery (Gujarat) 7,500, Groundnut Solvent Refined (per tin) 1,900-1,950, Mustard expeller (Dadri) 7,550, Mustard Pakki Ghani (per tin) 1,290-1,370, Mustard Kachi Ghani (per tin) 1,375-1,475,Sunflower 6,300, Sesame Mill Delivery 11,600, Soybean Refined Mill Delivery (Indore) 7,700, Soyabean Degum (Kandla) 7,450,Crude Palm Oil (Ex-Kandla) 5,550, Cottonseed Mill Delivery (Haryana) 6,350, Palmolein (RBD) Rs 6,850, Palmolein (Kandla) 6,500, Rice Bran (phy) 3,800 and Coconut (per tin) 1,750-1,800.
 

Non-edible oils: Linseed 7,550, Mahuwa 4,000, Castor 9,500-9,600, Neem 5,300-5,400, Rice Bran 3,150-3,250 and Palm Fatty 3,200-3,300.

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: Mar 01 2014 | 4:10 PM IST

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