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Mustard, cottonseed oils up on retailers demand

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Press Trust of India New Delhi
Prices of mustard and cottonseed oils rose by Rs 100 per quintal at the wholesale oils and oilseeds market today following pick up in retailers demand.

Linseed oil in the non-edible section, also moved up on fresh enquiries from consuming industries.

Traders said increased demand from retailers amid restricted arrivals from producing belts mainly attributed the rise in mustard and cottonseed oil prices.

In the national capital, mustard expeller (Dadri) oil moved up by Rs 100 to Rs 7,800 per quintal. Mustard pakki and kachi ghani oils edged up by Rs 25 each to Rs 1,325-1,375 and Rs 1,375-1,475 per tin respectively.
 

Cottonseed mill delivery (Haryana) oil also traded higher by Rs 100 to Rs 5,850 per quintal.

Among non-edible oils, linseed found buying support from paint and other consuming industries and gained Rs 50 to Rs 8,550 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 850-1,065.

Edible oils: Groundnut Mill Delivery (Gujarat) Rs 9,050, Groundnut Solvent Refined (per tin) Rs 1,700-1,750, Mustard expeller (Dadri) Rs 7,800, Mustard Pakki Ghani (per tin) Rs 1,325-1,375, Mustard Kachi Ghani (per tin) Rs 1,375-1,475, sesame mill delivery Rs 7,900, Soyabean Refined Mill Delivery (Indore) Rs 6,500, Soyabean Degum (Kandla) Rs 6,200, Crude Palm Oil (Ex-Kandla) Rs 4,200, Cottonseed Mill Delivery (Haryana) Rs 5,850, Palmolein (RBD) Rs 5,450, Palmolein (Kandla) Rs 5,350 and Coconut (per tin) Rs 2,050-2,100.

Non-edible oils: Linseed Rs 8,550, Castor Rs 9,800-9,900, Neem Rs 5,350-5,450.

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First Published: Sep 21 2015 | 2:42 PM IST

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