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Palmolein oil up on scattered buying by millers

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Press Trust of India New Delhi
In restricted activity, palmolein oil prices firmed up by Rs 50 per quintal at the wholesale oil and oilseed market today on scattered buying by vanaspati millers.

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

Traders said increased buying by vanaspati millers mainly led to the rise in palmolein oil prices.

In the national capital, palmolein (rbd) and palmolein (Kandla) oils moved up by Rs 50 each to Rs 5,550 and Rs 5,450 per quintal, respectively.

Following are today's quotations (in Rs per quintal):

Oilseeds: Mustardseed Rs 2,950-3,050 and Groundnutseed Rs 2,150-2,900. Vanaspati Ghee (15-litre tin) Rs 850-1,065.
 

Edible oils: Groundnut Mill Delivery (Gujarat) Rs 8,850, Groundnut Solvent Refined (per tin) Rs 1,600-1,650, Mustard expeller (Dadri) Rs 7,450, Mustard Pakki Ghani (per tin) Rs 1,250-1,300, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, sesame mill delivery Rs 7,950, Soyabean Refined Mill Delivery (Indore) Rs 6,550, Soyabean Degum (Kandla) Rs 6,250, Crude Palm Oil (Ex-Kandla) Rs 4,250, Cottonseed Mill Delivery (Haryana) Rs 5,650, Palmolein (RBD) Rs 5,550, Palmolein (Kandla) Rs 5,450 and Coconut (per tin) Rs 2,225-2,250.

Non-edible oils: Linseed Rs 8,450, Castor Rs 9,700-9,800, Neem Rs 5,350-5,450.

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First Published: Jul 11 2015 | 2:28 PM IST

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