NEW DELHI, Sept 18: Prices of groundnut and mustard oils rose Rs 50 per quintal at the wholesale oils and oilseeds market today on pick up in retailers demand.
However, other edible and non-edible oils moved in a narrow range in limited deals and settled around previous levels.
Traders said some demand from retailers amid restricted supplies from producing belts mainly led to rise in groundnut and mustard oil prices.
Meanwhile, government today hiked import duty on edible oil by 5 per cent in a bid to safeguard the domestic industry.
Duty on crude edible oil has been increased from 7.5 per cent to 12.5 per cent and on refined edible oil from 15 to 20 per cent.
In the national capital, groundnut mill delivery (Gujarat) oil moved up by Rs 50 to Rs 9,000 per quintal.
Groundnut solvent refined followed suit and edged up by Rs 25 to Rs 1,700-1,750 per tin.
Mustard expeller (Dadri) oil also went up by Rs 50 to Rs 7,700 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 850-1,065.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 9,000, Groundnut Solvent Refined (per tin) Rs 1,700-1,750, Mustard expeller (Dadri) Rs 7,700, Mustard Pakki Ghani (per tin) Rs 1,300-1,350, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, sesame mill delivery Rs 7,900, Soyabean Refined Mill Delivery (Indore) Rs 6,500, Soyabean Degum (Kandla) Rs 6,200, Crude Palm Oil (Ex-Kandla) Rs 4,200, Cottonseed Mill Delivery (Haryana) Rs 5,750, Palmolein (RBD) Rs 5,450, Palmolein (Kandla) Rs 5,350 and Coconut (per tin) Rs 2,050-2,100.
Non-edible oils: Linseed Rs 8,500, Castor Rs 9,800-9,900, Neem Rs 5,350-5,450. (PTI)
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