Soyabean oil up on retailers buying

Soyabean oil prices edged up by Rs 50 per quintal at the wholesale oils and oilseeds market today on scattered buying by retailers.

Castor oil and linseed oil also moved up on pick-up in demand from consuming industries.

Traders attributed the rise in soyabean oil prices to buying by retailers.

In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils rose by Rs 50 each to Rs 6,650 and Rs 6,350, while crude palm oil (ex-kandla) traded higher by a similar margin to Rs 4,600 per quintal, respectively.

In the non-edible section, linseed and castor oils traded higher by Rs 50 each to Rs 9,900 and Rs 9,750-9850 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 11,800, Groundnut Solvent Refined (per tin) Rs 1,900-1,950, Mustard expeller (Dadri) Rs 8,700, Mustard Pakki Ghani (per tin) Rs 1,350-1,395, Mustard Kachi Ghani (per tin) Rs 1,400-1,500, Sesame Mill delivery Rs 8,100, Soybean Refined Mill Delivery (Indore) Rs 6,650, Soybean Degum (Kandla) Rs 6,350, Crude Palm Oil (Ex-Kandla) Rs 4,600, Cottonseed Mill Delivery (Haryana) Rs 6,650, Palmolein (RBD) Rs 5,850, Palmolein (Kandla) Rs 5,900 and Coconut (per tin) Rs 1,750-1,800.

Non-edible oils: Linseed Rs 9,900, Castor Rs 9,750-9,850, Neem Rs 5,350-5,450.