Groundnut oil prices firmed up by Rs 200 per quintal at the wholesale oils and oilseeds market today on increased offtake by Vanaspati millers.
However, castor oil in the non-edible section, remained weak on easing demand from consuming industries.
Traders said, pick up in buying by Vanaspati millers following uptick in demand from retailers against restricted supplies from growing regions, mainly pushed up groundnut oil prices.
In the national capital, groundnut mill delivery (Gujarat) oil shot up by Rs 200 to Rs 9,400 per quintal. Groundnut solvent refined followed suit and edged up by Rs 10 to Rs 1,780-1,880 per tin.
On the other hand, in the non-edible section, castor oil drifted further down by Rs 200 to Rs 7,300-7,400 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 9,400, Groundnut Solvent Refined (per tin) Rs 1,780-1,880, Mustard expeller (Dadri) Rs 8,150, Mustard Pakki Ghani (per tin) Rs 1,295-1,340, Mustard Kachi Ghani (per tin) Rs 1,345-1,445, Sesame mill delivery Rs 10,000, Soybean Refined mill delivery (Indore) Rs 7,650, Soybean Degum (Kandla) Rs 7,250, Crude Palm Oil (Ex-Kandla) Rs 5,500, Cottonseed mill delivery (Haryana) Rs 7,600, Palmolein (RBD) Rs 6,650, Palmolein (Kandla) Rs 6,700 and Coconut (per tin) Rs 3,100-3,150.
Non-edible oils: Linseed Rs 9,600, Castor Rs 7,300-7,400, Neem Rs 5,350-5,450.
Disclaimer: No Business Standard Journalist was involved in creation of this content
