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MARKET DEVELOPMENT
Groundnut Oil Edges up on Scattered Demand
calendar21-03-2017 | linkIndia.com | Share This Post:

21/03/2017 (India.com) - Groundnut oil prices edged higher by Rs 100 per quintal at the wholesale oils and oilseeds market on mild demand from retailers.

Castor oil in the non-edible section, also moved up on increased offtake by consuming industries.

Traders said some demand from retailers mainly attributed the rise in groundnut oil prices.

In the national capital, groundnut oil went up by Rs 100 to Rs 10,000 per quintal.

In the non-edible section, castor oil also traded higher by Rs 50 to Rs 9,900-10,000 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 10,000,Groundnut Solvent Refined (per tin) Rs 1,800-1,900, Mustard expeller (Dadri) Rs 8,350, Mustard Pakki Ghani (per tin) Rs 1,350-1,395, Mustard Kachi Ghani (per tin) Rs 1,400-1,500,Sesame Mill delivery Rs 8,300, Soybean Refined Mill Delivery(Indore) Rs 6,950, Soybean Degum (Kandla) Rs 6,650, Crude Palm Oil (Ex-Kandla) Rs 4,700, Cottonseed Mill Delivery (Haryana) Rs 6,700, Palmolein (RBD) Rs 5,750, Palmolein (Kandla) Rs 5,800 and Coconut (per tin) Rs 1,950-2,000.

Non-edible oils: Linseed Rs 9,750, Castor Rs 9,900-10,000, Neem Rs 5,350-5,450.

This is published unedited from the PTI feed.