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Palmolein oil strengthens on millers buying

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Press Trust of India New Delhi
In restricted activity, palmolein oil prices strengthened Rs 50 per quintal at the wholesale oils and oilseeds market today following increased buying by vanaspati millers and retailers.

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

Traders said pick up in buying by vanaspati millers and retailers mainly kept palmolein oil prices higher.

In the national capital, palmolein (rbd) and palmolein (Kandla) oils advanced Rs 50 each to Rs 5,550 and Rs 5,450 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 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 7,900, 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 6,550, Soyabean Degum (Kandla) Rs 6,250, Crude Palm Oil (Ex-Kandla) Rs 4,200, Cottonseed Mill Delivery (Haryana) Rs 5,900, Palmolein (RBD) Rs 5,550, Palmolein (Kandla) Rs 5,450 and Coconut (per tin) Rs 2,050-2,100.

Non-edible oils: Linseed Rs 8,550, Castor Rs 9,850-9,950, Neem Rs 5,350-5,450.

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First Published: Sep 25 2015 | 2:22 PM IST

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