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Mustard, soyabean oils rise on miller-buying

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Press Trust of India New Delhi

Prices of mustard and soyabean oil rose by Rs 50 per quintal at the wholesale oils and oilseeds market today on emergence of buying by Vanaspati millers.

However, other edible and non-edible oils held steady in thin trade.

Traders said, pick-up in buying by Vanaspati millers against restricted supplies from producing belts pushed up mustard and soyabean oil prices.

In the national capital, mustard expeller (Dadri) oil went up by Rs 50 to Rs 7,700 per quintal.

Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils also recovered by Rs 50 each to Rs 7,600 and Rs 7,200 per quintal, respectively.

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 8,300, Groundnut Solvent refined (per tin) Rs 1,700-1,800, Mustard expeller (Dadri) Rs 7,700, Mustard Pakki Ghani (per tin) Rs 1,275-1,320, Mustard Kachi Ghani (per tin) Rs 1,325-1,425, Sesame mill delivery Rs 9,300, Soybean Refined mill delivery (Indore) Rs 7,600, Soybean Degum (Kandla) Rs 7,200, Crude Palm Oil (Ex-Kandla) Rs 5,500, Cottonseed mill delivery (Haryana) Rs 7,200, Palmolein (RBD) Rs 7,250, Palmolein (Kandla) Rs 7,300 and Coconut (per tin) Rs 3,100-3,150.

Non-edible oils: Linseed Rs 8,900, Castor Rs 7,200-7,300, Neem Rs 5,350-5,450.

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Jun 05 2018 | 2:40 PM IST

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