Palmolein oil edges up on scattered demand

NEW DELHI, May 19: Palmolein oil prices inched up by Rs 50 per quintal at the wholesale oils and oilseeds market today on mild demand from retailers.
Castor oil, in the non-edible section, also went up on increased offtake by consuming industries.
Traders said some enquiries from retailers against restricted arrivals from producing belts mainly led to a rise in pamolein oil prices.
In the national capital, palmolein (rbd) and palmolein (Kandla) oils were trading up by Rs 50 each to Rs 7,250 and Rs 7,300  per quintal, respectively.
In the non-edible section, castor oil recovered by Rs 100 to Rs 7,200-7,300 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 8,500, Groundnut Solvent Refined (per tin) Rs 1,700-1,800, Mustard expeller  (Dadri) Rs 7,700, Mustard Pakki Ghani (per tin) Rs 1,275-1,320, Mustard Kachi Ghani (per tin) Rs 1,325-1,425, Sesame Mill delivery Rs 9,200, Soybean Refined Mill Delivery (Indore) Rs 7,700, Soybean Degum (Kandla) Rs 7,300, Crude Palm Oil (Ex-Kandla) Rs 5,500, Cottonseed Mill Delivery (Haryana) Rs 7,100, Palmolein (RBD) Rs 7,250,  Palmolein (Kandla) Rs 7,300 and Coconut (per tin) Rs 3,100-3,150.
Non-edible oils: Linseed Rs 8,800, Castor Rs 7,200-7,300, Neem Rs 5,350-5,450. (PTI)


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