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Select edible oils edge up on increased buying by millers

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Press Trust of India New Delhi

Select edible oil prices rose by up to Rs 100 per quintal at the wholesale oils and oilseeds market today on increased buying by vanaspati millers.

Castor oil in the non-edible section also went up on increased offtake by consuming industries.

Traders said increased buying by vanaspati millers against restricted arrivals from producing belts mainly pushed up select edible oil prices.

In the national capital, mustard expeller (Dadri) oil inched up by Rs 50 to Rs 7,900 per quintal. Mustard pakki and kachi ghani oils followed suit and were enquired higher by Rs 10 each to Rs 1,285-1,330 and Rs 1,335-1,435 per tin, respectively.

 

Groundnut mill delivery (Gujarat) oil also edged up by Rs 50 to Rs 8,450 per quintal, while groundnut solvent refined traded higher by Rs 10 to Rs 1,730-1,830 per tin.

Sesame mill delivery oil too gained Rs 100 to Rs 9,800 per quintal.

Among non-edible oils, castor oil traded higher by Rs 100 to Rs 7,400-7,500 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 8,450, Groundnut Solvent Refined (per tin) Rs 1,730-1,830, Mustard expeller (Dadri) Rs 7,900, Mustard Pakki Ghani (per tin) Rs 1,285-1,330, Mustard Kachi Ghani (per tin) Rs 1,335-1,435, Sesame Mill delivery Rs 9,800, Soybean Refined mill delivery (Indore) Rs 7,700, Soybean Degum (Kandla) Rs 7,300, Crude Palm Oil (Ex-Kandla) Rs 5,500, Cottonseed Mill delivery (Haryana) Rs 7,400, Palmolein (RBD) Rs 7,000, Palmolein (Kandla) Rs 7,050 and Coconut (per tin) Rs 3,100-3,150.

Non-edible oils: Linseed Rs 9,100, Castor Rs 7,400-7,500, Neem Rs 5,350-5,450.

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

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First Published: Jul 09 2018 | 3:35 PM IST

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