Groundnut, mustard oils up on local demand

NEW DELHI, Feb 16:  Prices of select edible oils groundnut and mustard expeller rose up to Rs 50 per quintal on the wholesale oils and oilseeds market today on increased buying by vanaspati millers and local parties.
Movements in other edible and non-edible oils remained restrcited in the absence of worthwhile activity and settled around previous closing.
Traders said fresh buying millers and local parties helped groundnut mill delivery and mustard expeller oils to rise.
In the national capital, groundnut mill delivery (Gujarat) rose by Rs 50 to Rs 12,400 per quintal, while groundnut solvent refined gained Rs 10 at Rs 2,110-2,160 per tin.
Mustard expeller oil (Dadri) rose by Rs 25 to Rs 8,325 per quintal on local buying.
Meanwhile, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils remained flat at Rs 7,500 and Rs 7,050 per quintal respectively. (PTI)