Groundnut oil rises on retailers’ demand

NEW DELHI, Dec 19: Groundnut oil prices rose by Rs 100 per quintal at the wholesale oils and oilseeds market today due to mild demand from retailers.
However, other edible and non-edible oils moved in a narrow range in scattered deals and settled around overnight levels.
Traders attributed the rise in groundnut oil prices to renewed demand from retailers.
In the national capital, groundnut mill delivery (Gujarat) oil went up by Rs 100 to Rs 9,500 per quintal. Groundnut solvent refined followed suit and edged up by Rs 25 to Rs 1,675-1,775 per tin.
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 9,500, Groundnut Solvent Refined (per tin) Rs 1,675-1,775, Mustard expeller (Dadri) Rs 8,000, Mustard Pakki Ghani (per tin) Rs 1,300-1,345, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 8,500, Soybean Refined Mill Delivery (Indore) Rs 7,400, Soybean Degum (Kandla) Rs 7,000, Crude Palm Oil (Ex-Kandla) Rs 5,000, Cottonseed Mill Delivery (Haryana) Rs 6,600, Palmolein (RBD) Rs 6,300, Palmolein (Kandla) Rs 6,350 and Coconut (per tin) Rs 2,750-2,800.
Non-edible oils: Linseed Rs 8,800, Castor Rs 8,500-8,600, Neem Rs 5,350-5,450. (PTI)

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