Select edible oil prices rose up to Rs 200 per quintal at the oils and oilseeds market today on fresh buying by vanaspati mills for the marriage season amid a firm global trend.
In the non-edible section, linseed oil also went up on increased demand from consuming industries.
Marketmen said fresh buying by vanaspati mills for the marriage season mainly led to rise in select edible oil prices.
Firm global trend where palm oil climbed to the highest level in almost two weeks on speculation that a weakening Malaysian currency will boost demand for ringgit-denominated futures and stem a decline in exports also boosted the sentiment, they said.
Meanwhile, palm oil for April delivery advanced 1.5 per cent to 2,577 ringgit (USD 778) a tonne, the highest since January 7 on Malaysia Derivatives Exchange.
In the national capital, palmolein (rbd) and palmolein (Kandla) oils rose by Rs 200 each to Rs 6,400 and Rs 6,000, while crude palm oil (ex-kandla) traded higher by Rs 100 to Rs 5,300 per quintal, respectively.
Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils also traded higher by Rs 200 each to Rs 7,300 and Rs 7,000 per quintal, respectively.
In the non-edible section, linseed oil moved up by Rs 50 to Rs 7,300 per quintal.
The 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) 1,160-1,290.
Edible oils: Groundnut Mill Delivery (Gujarat) 8,000, Groundnut Solvent Refined (per tin) 1,950-2,000, Mustard expeller (Dadri) 7,300, Mustard Pakki Ghani (per tin) 1,280-1,360, Mustard Kachi Ghani (per tin) 1,365-1,465, Sunflower 6,300, Sesame Mill Delivery 11,500, Soybean Refined Mill Delivery (Indore) 7,300, Soyabean Degum (Kandla) 7,000, Crude Palm Oil (Ex-Kandla) 5,300, Cottonseed Mill Delivery (Haryana) 6,300, Palmolein (RBD) Rs 6,400, Palmolein (Kandla) 6,000, Rice Bran (phy) 3,800 and Coconut (per tin) 1,380-1,430.
Non-edible oils: Linseed 7,300, Mahuwa 4,000, Castor 9,350-9,450, Neem 5,250-5,350, Rice Bran 3,170-3,270 and Palm Fatty 3,225-3,300.
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.
