Business Standard

Mustard oil up on local parties demand

Image

Press Trust of India New Delhi
In a restricted activity,mustard oil prices rose by Rs 50 per quintal at the wholesale oils and oilseeds market today on pick up in demand from local parties.

Linseed oil in the non-edible section also showed some strength on increased offtake by consuming industries.

Traders said pick up in demand from local parties against 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 50 to Rs 8,150 per quintal. Mustard pakki and kachi ghani oils followed suit and traded higher by Rs 50 each to Rs 1,300-1,350 and Rs 1,350-1,450 per tin, respectively.
 

Among non-edible, linseed oil also rose by Rs 50 to Rs 9,350 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 10,000, Groundnut Solvent Refined (per tin) Rs 1,750-1,850, Mustard expeller (Dadri) Rs 8,150, Mustard Pakki Ghani (per tin) Rs 1,300-1,350, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 7,100, Soybean Refined Mill Delivery (Indore) Rs 6,800, Soybean Degum (Kandla) Rs 6,500, Crude Palm Oil (Ex-Kandla) Rs 4,300, Cotton seed Mill Delivery (Haryana) Rs 5,950, Palmolein (RBD) Rs 5,900, Palmolein (Kandla) Rs 5,950 and Coconut (per tin) Rs 1,600-1,650.

Non-edible oils: Linseed Rs 9,350, Castor Rs 9,550-9,650, Neem Rs 5,350-5,450.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 19 2016 | 2:28 PM IST

Explore News