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Select edible oils up on rising demand

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Press Trust of India New Delhi
Prices of select edible oils rose by Rs 50 per quintal at the wholesale market today mostly supported by pick-up in demand coupled with restricted supplies from producing belts.

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

Marketmen said besides pick-up in demand, fall in arrivals from producing belts, mainly led to the rise in select edible oil prices.

In the national capital, mustard expeller (Dadri) and cottonseed mill delivery (Haryana) oils edged up by Rs 50 each to Rs 7,250 and Rs 5,700 per quintal respectively.

Palmolein (rbd) and palmolein (Kandla) oils also traded higher by a similar margin to Rs 5,800 and Rs 5,700 per quintal respectively.
 

Among non-edibles, linseed oil rose by Rs 50 to Rs 8,500 per quintal.

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 930-1,070.

Edible oils: Groundnut Mill Delivery (Gujarat) Rs 8,800, Groundnut Solvent Refined (per tin) Rs 1,600-1,650, Mustard expeller (Dadri) Rs 7,250, Mustard Pakki Ghani (per tin) Rs 1,250-1,300, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, sesame mill delivery Rs 8,100, Soyabean Refined Mill Delivery (Indore) Rs 6,700, Soyabean Degum (Kandla) Rs 6,400, Crude Palm Oil (Ex-Kandla) Rs 4,300, Cottonseed Mill Delivery (Haryana) Rs 5,700, Palmolein (RBD) Rs 5,800, Palmolein (Kandla) Rs 5,700 and Coconut (per tin) Rs 2,375-2,425.

Non-edible oils: Linseed Rs 8,500, Castor Rs 9,950-10,050, Neem Rs 5,350-5,450.

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First Published: Jun 09 2015 | 2:57 PM IST

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