Business Standard

Soyabean, mustard oils rise on retailers' demand

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Press Trust of India New Delhi
Prices of soyabean and mustard oils rose by Rs 50 per quintal at the wholesale oils and oilseeds market today on the back of pick up in demand from retailers.

However, other edible and non-edible oils held steady in thin trade.

Traders attributed the rise in soyabean and mustard oil prices to uptick in demand from retailers.

In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils were up by Rs 50 each to Rs 6,600 and Rs 6,200 per quintal respectively.

Mustard expeller (Dadri) oil also moved up by a similar margin to Rs 7,900 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 9,500, Groundnut Solvent Refined (per tin) Rs 1,800-1,900, Mustard expeller (Dadri) Rs 7,900, Mustard Pakki Ghani (per tin) Rs 1,250-1,295, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, Sesame Mill delivery Rs 8,100, Soybean Refined Mill Delivery (Indore) Rs 6,600, Soybean Degum (Kandla) Rs 6,200, Crude Palm Oil (Ex-Kandla) Rs 4,750, Cottonseed Mill Delivery (Haryana) Rs 6,450, Palmolein (RBD) Rs 5,400, Palmolein (Kandla) Rs 5,450 and Coconut (per tin) Rs 2,050-2,100.

Non-edible oils: Linseed Rs 9,000, Castor Rs 9,000-9,100, 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 10 2017 | 2:57 PM IST

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