Edible oil prices strengthened at the wholesale oils and oilseeds market during the week due to uptick in demand from vanaspati millers and retailers against restricted arrivals from producing regions.
Linseed and castor oil in the non-edible section, also ended higher on increased offtake by consuming industries.
Traders said, besides pick-up in demand from vanaspati millers and retailers, paucity of stocks on fall in supplies from producing belts mainly led to the rise in edible oil prices.
In the national capital, palmolein (RBD) and palmolein (Kandla) rose by Rs 150 each to Rs 7,100 and Rs 7,150 per quintal, respectively.
Sesame mill delivery and cottonseed mill delivery (Haryana) oils also went up by Rs 100 each to Rs 9,000 and Rs 7,100 per quintal, respectively.
Groundnut mill delivery (Gujarat) oil too went up by Rs 100 to Rs 8,500 per quintal.
In the non-edible section, linseed oil moved up by Rs 100 to Rs 9,400 per quintal on upsurge in demand from paint units.
Castor oil also traded higher by a similar margin to Rs 7,600-7,700 per quintal.
Disclaimer: No Business Standard Journalist was involved in creation of this content
