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Groundnut oil gained up to Rs 100 a quintal in an otherwise steady oils and oilseeds market on Wednesday on pick up in retailers demand. However, other edible and non-edible oils remained steady in restricted activity.
Traders said pick up in retailers demand in view of festive season mainly pushed up wholesale groundnut oil prices.
In the national capital, groundnut mill delivery oil (Gujarat) advanced by Rs 100 to Rs 8,700 a quintal, while groundnut solvent refined added Rs 50 to Rs 1550-1560 a tin.
Following were today’s quotations: Oilseeds: mustard seed 2,525-2,655 and Groundnut seed 2,100-2,850. Vanaspati ghee (15 litres tin) 1,065-1,140.
Edible oils: Groundnut mill delivery (Gujarat) 8,700, groundnut Solvent refined (a tin) 1,550-1,560, Mustard Expeller (Dadri) 5,940, Mustard Pakki ghani (a tin) 760-915, Mustard kachi ghani (a tin) 915-1,015, Sunflower 6,300, Sesame mill delivery 6,180, soybean Refined mill delivery (Indore) 6,450, Soyabean degum (Kandla) 5,900, Crude Palm Oil (Ex-kandla) 5,200, Cottonseed mill delivery (Haryana) 5,500, Palmolein (RBD) Rs 5,820 Palmolein (Kandla) 5,520, Rice bran (phy) 3,750 and Coconut (a tin) 1,720-1,780.
Non-edible oils: Linseed 4,500, Mahuwa 4,000, Castor 8,300-8,400, Neem 4,000-4,100, Rice bran 3,300-3,400 and palm fatty 3,225-3,300.
Oilcakes: groundnut dehusk 800-850, sesame 950-1,150, Mustard (new) 1,000-1,025, Mustard 1,200-1,210 and Cottonseed 1,075-1,175.
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