Groundnut oil edges up on scattered demand

NEW DELHI, June 23: Groundnut oil prices rose by Rs 100 per quintal at the wholesale oils and oilseeds market today on mild demand from retailers.
However, soyabean oil prices drifted lower on lack of buying support.
On the other hand, non-edible oils moved in a narrow range in limited deals and pegged at last levels.
Traders said some enquiries from retailers against restricted arrivals from producing belts led to the rise in groundnut oil prices.
In the national capital, groundnut mill delivery (Gujarat) oil went up by Rs 100 to Rs 8,400 per quintal. Groundnut solvent refined followed suit and traded higher by Rs 20 to Rs 1,720-1,820 per tin.
On the other hand, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils were down by Rs 50 each to Rs 7,600 and Rs 7,200 per quintal, respectively.
Elsewhere, non-edible oils moved in a narrow range in limited deals and pegged at last levels.
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 8,400, Groundnut Solvent Refined (per tin)  Rs 1,720-1,820, Mustard expeller (Dadri) Rs 7,650, Mustard Pakki Ghani (per tin) Rs 1,265-1,310, Mustard Kachi Ghani (per tin) Rs 1,315-1,415, Sesame Mill  delivery Rs 9,500, Soybean  Refined Mill Delivery (Indore) Rs 7,600, Soybean Degum  (Kandla)  Rs 7,200, Crude Palm Oil (Ex-Kandla)  Rs 5,500, Cottonseed Mill delivery (Haryana) Rs 7,200, Palmolein (RBD) Rs 7,050, Palmolein (Kandla)  Rs 7,100 and Coconut  (per tin) Rs 3,100-3,150.
Non-edible oils: Linseed Rs 9,000, Castor Rs 7,100-7,200, Neem 5,350-5,450. (PTI)


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