Groundnut oil edges up as demand builds

NEW DELHI, May 16:  Barring a rise in groundnut oil prices on surge in demand from retailers, other edible and non-edible oils held steady at the wholesale oil and oilseeds market today on the back of worthwhile activity.
Traders said the rise in demand from retailers supported by wedding season mainly led to rise in groundnut oil prices.
In the national capital, groundnut solvent refined rose by Rs 50 to Rs 1,625-1,675 per tin.
Following are today’s quotations (in Rs per quintal):
Oilseeds: Mustardseed Rs 2,950-3,050 and Groundnutseed Rs 2,150-2,900. Vanaspati Ghee (15-litre tin) Rs 930-1,070.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 8,750, Groundnut Solvent Refined (per tin) Rs 1,625-1,675, Mustard expeller (Dadri) Rs 7,150, Mustard Pakki Ghani (per tin) Rs 1,220-1,270, Mustard Kachi Ghani (per tin) Rs 1,270-1,370, sesame mill delivery Rs 7,900, Soyabean Refined Mill Delivery (Indore) Rs 6,700, Soyabean Degum (Kandla) Rs 6,400, Crude Palm Oil (Ex-Kandla) Rs 4,300, Cottonseed Mill Delivery (Haryana) Rs 5,600, Palmolein (RBD) Rs 5,700, Palmolein (Kandla) Rs 5,600 and Coconut (per tin) Rs 2,375-2,425.
Non-edible oils: Linseed Rs 8,250, Castor Rs 9,850-9,950, Neem Rs 5,350-5,450. (PTI)