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Local demand pushes up mustard oil prices

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Press Trust of India New Delhi
Mustard oil prices firmed up by Rs 100 per quintal in an otherwise steady wholesale oils and oilseeds market today on pick up in demand from local parties against restricted arrivals from producing belts.

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

Traders said besides pick up in demand from local parties, restricted supplies from producing belts mainly led to the rise in mustard oil prices.

In the national capital, mustard expeller (Dadri) oil moved up by Rs 100 to Rs 7,400 per quintal.

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

Oilseeds: Mustardseed Rs 2,950-3,050 and Groundnutseed Rs 2,150-2,900. Vanaspati Ghee (15-litre tin) Rs 930-1,070.

Edible oils: Groundnut Mill Delivery (Gujarat) Rs 8,800, Groundnut Solvent Refined (per tin) Rs 1,600-1,650, Mustard expeller (Dadri) Rs 7,400, Mustard Pakki Ghani (per tin) Rs 1,250-1,300, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, sesame mill delivery Rs 8,000, Soyabean Refined Mill Delivery (Indore) Rs 6,700, Soyabean Degum (Kandla) Rs 6,400, Crude Palm Oil (Ex-Kandla) Rs 4,300, Cottonseed Mill Delivery (Haryana) Rs 5,700, Palmolein (RBD) Rs 5,750, Palmolein (Kandla) Rs 5,650 and Coconut (per tin) Rs 2,250-2,275.

Non-edible oils: Linseed Rs 8,500, Castor Rs 9,850-9,950, Neem Rs 5,350-5,450.

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First Published: Jun 22 2015 | 2:22 PM IST

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