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Groundnut oil rises on demand from retailers

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Press Trust of India New Delhi
Groundnut oil prices firmed up by Rs 50 per quintal in an otherwise steady wholesale oils and oilseeds market today on pick-up in demand from retailers.

However, other edible and non-edible oils, after moving in a tight range in restricted buying, settled around previous levels.

Marketmen said increased demand from retailers mainly led to the rise in groundnut oil prices.

In the national capital,groundnut mill delivery (Gujarat) oil moved up by Rs 50 to Rs 7,500 per quintal.

Following are today's quotations (in Rupees per quintal):

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

Vanaspati Ghee (15-litre tin) 1,060-1,290.

Edible oils: Groundnut Mill Delivery (Gujarat) 7,500, Groundnut Solvent Refined (per tin) 1,275-1,350, Mustard expeller (Dadri) 6,750, Mustard Pakki Ghani (per tin) 1,200-1,250, Mustard Kachi Ghani (per tin) 1,250-1,350, sesame mill delivery 8,650, Soyabean Refined Mill Delivery (Indore) 7,000, Soyabean Degum (Kandla) 6,700, Crude Palm Oil (Ex-Kandla) 5,250, Cottonseed Mill Delivery (Haryana) 6,350, Palmolein (RBD) Rs 6,300, Palmolein (Kandla) 6,100 and Coconut (per tin) 2,600-2,680.
 

Non-edible oils: Linseed 7,750, Castor 9,500-9,600, Neem 5,300-5,400.

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First Published: Jun 30 2014 | 2:35 PM IST

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