Mustard oil edges up on scattered local demand

NEW DELHI, July 16:In restricted activity, mustard oil prices rose by Rs 50 per quintal at the wholesale oils and oilseeds market today due to pick-up in demand from local parties.
However, other edible and non-edible oils moved in a narrow range on little doing and settled around previous levels.
Traders attributed the rise in mustard oil prices to scattered demand from local parties.
In the national capital, mustard expeller (Dadri)oil moved up by Rs 50 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 12,900, Groundnut Solvent Refined (per tin) Rs 1,950-2,000, Mustard expeller (Dadri) Rs 8,600, Mustard Pakki Ghani (per tin) Rs 1,350-1,400, Mustard Kachi Ghani (per tin) Rs 1,400-1,500, Sesame Mill delivery Rs 7,700, Soybean Refined Mill Delivery (Indore) Rs 6,700, Soybean Degum (Kandla) Rs 6,400, Crude Palm Oil (Ex-Kandla) Rs 4,400, Cottonseed Mill Delivery (Haryana) Rs 6,500, Palmolein (RBD) Rs 5,800, Palmolein (Kandla) Rs 5,850 and Coconut (per tin) Rs 1,550-1,600.
Non-edible oils: Linseed Rs 9,750, Castor Rs 9,600-9,700, Neem Rs 5,350-5,450. (PTI)

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