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Soybean, palmolein up on retailer demand

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Press Trust of India New Delhi
Prices of soyabean and palmolein oils firmed up 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 moved in a tight range in limited deals and settled around previous levels.

Traders attributed the rise in prices to rising demand from retailers.

In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils edged up by Rs 50 each to Rs 6,650 and Rs 6,350 per quintal respectively.

Palmolein (rbd) and palmolein (Kandla) oils also moved up by a similar margin to Rs 5,500 and Rs 5,450 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 850-1,065.

Edible oils: Groundnut Mill Delivery (Gujarat) Rs 9,150, Groundnut Solvent Refined (per tin) Rs 1,730-1,780, Mustard expeller (Dadri) Rs 9,000, Mustard Pakki Ghani (per tin) Rs 1,550-1,600, Mustard Kachi Ghani (per tin) Rs 1,600-1,700, Sesame Mill delivery Rs 7,800, Soyabean Refined Mill Delivery (Indore) Rs 6,650, Soyabean Degum (Kandla) Rs 6,350, Crude Palm Oil (Ex-Kandla) Rs 4,200, Cottonseed Mill Delivery (Haryana) Rs 5,900, Palmolein (RBD) Rs 5,500, Palmolein (Kandla) Rs 5,450 and Coconut (per tin) Rs 1,950-2,000.

Non-edible oils: Linseed Rs 9,100, Castor Rs 9,750-9,850, Neem Rs 5,350-5,450.

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First Published: Dec 07 2015 | 2:42 PM IST

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