Prices of palmolein and soyabean oils rose by Rs 50 per quintal at the wholesale oils and oilseeds market today on increased buying by vanaspati millers and retailers against restricted supply.
In the non-edible section, Linseed oil went up on increased offtake by paint units.
Traders said fresh buying by vanaspati millers and retailers against restricted supplies from producing regions mainly led to rise in palmolein and soyabean oil prices.
In the national capital, palmolein (rbd) and palmolein (Kandla) oils rose by Rs 50 each to Rs 6,750 and Rs 6,400, while crude palm oil (ex-kandla) traded higher by a similar margin to Rs 5,750 per quintal, respectively.
Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils also moved up by Rs 50 each to Rs 7,450 and Rs 7,250 per quintal, respectively.
Among non-edible, linseed oil traded higher by Rs 50 to Rs 7,450 per quintal increased demand from paint units.
Following are today's quotations per quintal:
Oilseeds: Mustardseed 2,950-3,050 and Groundnut Seed 2,150-2,900.
Vanaspati Ghee (15-litre tin) 1,120-1,340.
Edible oils: Groundnut Mill Delivery (Gujarat) 7,250, Groundnut Solvent Refined (per tin) 1,900-1,950, Mustard expeller (Dadri) 6,950, Mustard Pakki Ghani (per tin) 1,290-1,370, Mustard Kachi Ghani (per tin) 1,375-1,475, Sunflower 6,300, Sesame Mill Delivery 10,000, Soybean Refined Mill Delivery (Indore) 7,450, Soyabean Degum (Kandla) 7,250, Crude Palm Oil (Ex-Kandla) 5,750, Cottonseed Mill Delivery (Haryana) 6,200, Palmolein (RBD) Rs 6,750, Palmolein (Kandla) 6,400, Rice Bran (phy) 3,800 and Coconut (per tin) 1,900-1,950.
Non-edible oils: Linseed 7,450, Mahuwa 4,000, Castor 9,400-9,500, Neem 5,300-5,400, Rice Bran 3,150-3,250 and Palm Fatty 3,200-3,300.
Oilcakes: Groundnut Dehusk 800-850, Sesame 950-1,150, Mustard (New) 1,000-1,025, Mustard 1,200-1,210 and Cottonseed 1,075-1,175.
