PTI

Palmolein oil rises on retailers demand

Sat, Nov 7 04:26 PM

New Delhi, Nov 7 (PTI) Wholesale prices of palmolein oil rose by Rs 20 per quintal on the wholesale oils and oilseeds market today on the back of pick up in retailers demand. Castor oil, in the non-edible section, also traded higher on increased demand from consuming industries.

Marketmen said increased offtake by retailers due to incoming marriage season mainly pushed up palmolein (rbd) wholesale oil prices. In the edible section, palmolein (rbd) oil rose by Rs 20 to Rs 3,870 per quintal.

In the non-edible section, castor oil also traded higher by Rs 100 to Rs 6,100-6,200 per quintal on increased industrial offtake. Following were today''s quotations per quintal Oilseeds: mustard seed 2,500-2,625 and groundnut seed 2,075-2,825.

Vanaspati ghee (15 litres tin) 720-830. Edible oils: Groundnut mill delivery (Gujarat) 6,150 Groundnut Solvent refined (per tin) 1,030-1,060, Mustard Expeller (Dadri) 5,250, Mustard Pakki ghani (per tin) 700-855, Mustard kachi ghani (per tin) 855-955, Sunflower 6,500, Sesame mill delivery 6,100, Soybean Refined mill delivery (Indore) 4,750 Soyabean degum (Delhi) 4,400, Crude Palm Oil (Ex-kandla) 3,200, Cottonseed mill delivery (Haryana) 4,150, Palmolein (RBD) 3,870, Rice bran (phy) 3,800 and Coconut (per tin) 870- 880.

Non-edible oils: Linseed 4,400, Mahuwa 4,050, Castor 6,100-6,200, Neem 3,900-4,000, Rice bran 3,550-3,650 and palm fatty 3,175-3,250. Oilcakes: groundnut de-husk 800-850, sesame 950-1,150, Mustard (new) 1,025-1,050, Mustard 1,200-1,210 and Cottonseed 1,075-1,175.

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