Palmolein, mustard oils up on retailers' demand

Prices of Palmolein and mustard oils edged higher by Rs 50 per quintal at the wholesale oils and oilseeds market today on pick-up in demand.

However, castor oil in the non-edible section, drifted down on reduced offtake by consuming industries.

Traders attributed the rise in palmolein and mustard oil prices to upsurge in demand from retailers.

In the national capital, palmolein (RBD) and palmolein (Kandla) oils were up by Rs 50 each to Rs 7,100 and Rs 7,150 per quintal, respectively.

Mustard expeller (Dadri) oil also traded higher by a similar margin to Rs 7,650 per quintal.

On the other hand, castor oil in the non-edible section, however, traded lower by Rs 200 to Rs 6,900-7,000 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 8,400, Groundnut Solvent Refined (per tin) Rs 1,720-1,820, Mustard expeller (Dadri) Rs 7,650, Mustard Pakki Ghani (per tin) Rs 1,265-1,310, Mustard Kachi Ghani (per tin) Rs 1,315-1,415, Sesame Mill delivery Rs 9,500, 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 7,100, Palmolein (Kandla) Rs 7,150 and Coconut (per tin) Rs 3,100-3,150.

Non-edible oils: Linseed Rs 9,000, Castor Rs 6,900-7,000, Neem 5,350-5,450.