Select edible oil prices advanced by up to Rs 200 at the wholesale oils and oilseeds market today on persistent buying by vanaspati millers to meet demand from retailers against restricted supplies.
However, non-edible oils held steady in thin trade.
Traders said brisk buying by vanaspati millers to meet rising demand from retailers aided by festive season against restricted supplies from producing regions mainly kept select edible oil prices higher.
In the national capital, groundnut mill delivery (Gujarat) oil advanced by Rs 200 to Rs 14,200 per quintal.
Mustard expeller (Dadri) oil traded higher by Rs 50 to Rs 8,950 per quintal.
Palmolein (RBD) and palmolein (Kandla) oils edged up by Rs 50 each to Rs 6,100 and Rs 6,150 per quintal respectively.
Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils too ended higher by a similar margin to Rs 6,900 and Rs 6,600 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 800-1,000.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 14,200, Groundnut Solvent Refined (per tin) Rs 1,980-2,030, Mustard expeller (Dadri) Rs 8,950, Mustard Pakki Ghani (per tin) Rs 1,415-1,460, Mustard Kachi Ghani (per tin) Rs 1,465-1,565, Sesame Mill delivery Rs 7,700, Soybean Refined Mill Delivery (Indore) Rs 6,900, Soybean Degum (Kandla) Rs 6,600, Crude Palm Oil (Ex-Kandla) Rs 4,500, Cottonseed Mill Delivery (Haryana) Rs 6,400, Palmolein (RBD) Rs 6,100, Palmolein (Kandla) Rs 6,150 and Coconut (per tin) Rs 1,550-1,600.
Non-edible oils: Linseed Rs 9,700, Castor Rs 9,850-9,950, Neem Rs 5,350-5,450.
Disclaimer: No Business Standard Journalist was involved in creation of this content
