Groundnut oil recovers on scattered demand

NEW DELHI, Mar 3: Groundnut oil prices recovered by Rs 100 per quintal in an otherwise steady wholesale oils and oilseeds market today on mild demand.
However, other edible and non-edible oils moved in a narrow range in limited deals and pegged at the last levels.
Market was shut yesterday on account of Holi.
Traders said scattered demand from retailers mainly led to a rise in groundnut oil prices.
In the national capital, groundnut mill delivery (Gujarat) oil recovered by Rs 100 to Rs 8,600 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 8,600, Groundnut Solvent Refined (per tin) Rs 1,675-1,775, Mustard expeller (Dadri) Rs 7,950, Mustard Pakki Ghani (per tin) Rs 1,300-1,345, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 8,800, Soybean Refined Mill Delivery (Indore) Rs 7,800, Soybean Degum (Kandla) Rs 7,400, Crude Palm Oil (Ex-Kandla) Rs 5,350, Cottonseed Mill Delivery (Haryana) Rs 6,900, Palmolein (RBD) Rs 6,500, Palmolein (Kandla) Rs 6,550 and Coconut (per tin) Rs 3,100-3,150.
Non-edible oils: Linseed Rs 9,150, Castor Rs 7,700-7,800, Neem Rs 5,350-5,450.  (PTI)

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