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Soyabean, crude palm oil edge up on scattered demand

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Press Trust of India New Delhi
Prices of soyabean and crude palm oil went up by up to Rs 100 per quintal at the wholesale oils and oilseeds market today on mild demand from retailers.

However, castor oil slipped on reduced offtake by consuming industries.

Traders said some demand from retailers mainly attributed the rise in soyabean and crude palm oil prices.

In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils were up by Rs 50 each to Rs 7,450 and Rs 7,050 per quintal, respectively.

Crude palm oil (ex-kandla) also traded higher by Rs 100 to Rs 5,100 per quintal.
 

On the other hand, castor oil in the non-edible section, eased by Rs 100 to Rs 8,400-8,500 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 9,800, Groundnut Solvent Refined (per tin) Rs 1,675-1,775, Mustard expeller (Dadri) Rs 8,050, Mustard Pakki Ghani (per tin) Rs 1,300-1,345, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 8,700, Soybean Refined Mill Delivery (Indore) Rs 7,450, Soybean Degum (Kandla) Rs 7,050, Crude Palm Oil (Ex-Kandla) Rs 5,100, Cottonseed Mill Delivey (Haryana) Rs 6,800, Palmolein (RBD) Rs 6,250, Palmolein (Kandla) Rs 6,300 and Coconut (per tin) Rs 2,950-3,000.

Non-edible oils: Linseed Rs 8,900, Castor Rs 8,400-8,500, Neem Rs 5,350-5,450.

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

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First Published: Jan 04 2018 | 3:10 PM IST

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