Groundnut oil rises on scattered demand

NEW DELHI, May 28:  In restricted activity, groundnut oil prices rose by Rs 50 per quintal at the wholesale oils and oilseeds market on mild demand from retailers.
However, other edible and non-edible oils moved in a narrow range in limited deals and pegged around previous levels.
Traders said scattered demand from retailers mainly led to the rise in groundnut oil prices.
In the national capital, groundnut mill delivery (Gujarat) oil inched up by Rs 50 to Rs 11,000 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 11,000, Groundnut Solvent Refined (per tin) Rs 1,900-1,950, Mustard expeller (Dadri) Rs 8,100, Mustard Pakki Ghani (per tin) Rs 1,300-1,350, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 7,600, Soybean Refined Mill Delivery (Indore) Rs 6,750, Soybean Degum (Kandla) Rs 6,450, Crude Palm Oil (Ex-Kandla) Rs 4,300, Cottonseed Mill Delivery (Haryana) Rs 5,950, Palmolein (RBD) Rs 5,850, Palmolein (Kandla) Rs 5,900 and Coconut (per tin) Rs 1,600-1,650.
Non-edible oils: Linseed Rs 9,650, Castor Rs 9,500-9,600, Neem Rs 5,350-5,450. (PTI)