NEW DELHI, Aug 13: Prices of groundnut and mustard oil strengthened by Rs 100 per quintal at the wholesale oils and oilseeds market today on the back of rising demand against tight stocks position.
However, other edible and non-edible oils moved in a tight range in scattered deals and settled around previous levels.
Traders said besides rising demand from retailers, restricted supplies from producing belts mainly led to the rise in groundnut and mustard oil prices.
In the national capital, groundnut mill delivery (Gujarat) oil advanced by Rs 100 to Rs 13,900 per quintal.
Mustard expeller (Dadri) oil also went up by a similar margin to Rs 8,800 per quintal.
Mustard pakki and kachi ghani oils traded higher by Rs 10 each to Rs 1,415-1,460 and Rs 1,465-1,565 per tin, 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 13,900, Groundnut Solvent Refined (per tin) Rs 1,980-2,030, Mustard expeller (Dadri) Rs 8,800, Mustard Pakki Ghani (per tin) Rs 1,415-1,460, Mustard Kachi Ghani (per tin) Rs 1,465-1,565, Sesame Mill delivery Rs 7,700, Soybean Refined Mill Delivery (Indore) Rs 6,850, Soybean Degum (Kandla) Rs 6,550, Crude Palm Oil (Ex-Kandla) Rs 4,500, Cottonseed Mill Delivery (Haryana) Rs 6,400, Palmolein (RBD) Rs 6,000, Palmolein (Kandla) Rs 6,050 and Coconut (per tin) Rs 1,550-1,600.
Non-edible oils: Linseed Rs 9,700, Castor Rs 9,800-9,900, Neem Rs 5,350-5,450. (PTI)
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