Edible oil prices rose by up to Rs 100 per quintal at the wholesale oils and oilseeds market today following increased buying by vanaspati millers and retailers coupled with restricted supplies from producing belts.
Linseed oil, in the non-edible segment, also moved up on increased demand from paint industries.
Traders said increased buying by vanaspati millers and retailers against tight supplies from producing regions mainly led to rise in edible oil prices.
In the national capital, groundnut mill delivery (Gujarat) strengthened by Rs 100 to Rs 10,200 per quintal, while groundnut solvent refined edged up by a similar margin to Rs 1,850-1,950 per tin.
Mustard expeller (Dadri) oil moved up by Rs 50 to Rs 8,200 per quintal. Sesame mill delivery and cottonseed mill delivery (Haryana) oils were also up by Rs 100 and Rs 50 to Rs 7,200 and Rs 6,000 per quintal, respectively.
In line with overall trend, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils edged up by Rs 50 each to Rs 6,850 and Rs 6,550 per quintal, respectively.
Palmolein (rbd) and palmolein (Kandla) oils too finished higher by a similar margin to Rs 5,950 and Rs 6,000 per quintal respectively.
Among non-edible oils, linseed inched up by Rs 25 to Rs 9,375 per quintal.
Following are today's quotations (in Rs per quintal):
Oilseeds: Mustard seed Rs 2,950-3,050 and Groundnut seed Rs 2,150-2,900. Vanaspati Ghee (15-litre tin) Rs 800-1,000.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 10,200, Groundnut Solvent Refined (per tin) Rs 1,850-1,950, Mustard expeller (Dadri) Rs 8,200, Mustard Pakki Ghani (per tin) Rs 1,300-1,350, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 7,200, Soybean Refined Mill Delivery (Indore) Rs 6,850, Soybean Degum (Kandla) Rs 6,550, Crude Palm Oil (Ex-Kandla) Rs 4,300, Cotton seed Mill Delivery (Haryana) Rs 6,000, Palmolein (RBD) Rs 5,950, Palmolein (Kandla) Rs 6,000 and Coconut (per tin) Rs 1,600-1,650.
Non-edible oils: Linseed Rs 9,375, Castor Rs 9,600-9,700, Neem Rs 5,350-5,450.
