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Sesame, Cottonseed Oils Up on Scattered Buying
calendar13-04-2016 | linkIndia Times | Share This Post:

13/04/2016 (India Times) - Prices of sesame and cottonseed oil rose by up to Rs 100 per quintal at the wholesale oils and oilseeds market today following scattered buying by retailers.

Linseed oil in the non-edible section, also showed some strength on increased offtake from consuming industries.

Traders said some buying by retailers amid restricted supplies from producing belts led to the rise in sesame and cottonseed oil prices.

In the national capital, sesame mill delivery went up by Rs 100 to Rs 7,100 per quintal. Cottonseed mill delivery (Haryana) oils also edged up by Rs 50 to Rs 5,950 per quintal.

Among the non-edible oils, linseed traded higher by Rs 50 to Rs 9,300 per quintal on increased offtake by paint industries.

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 1,750-1,850, Mustard expeller (Dadri) Rs 8,150, Mustard Pakki Ghani (per tin) Rs 1,250-1,300, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, Sesame Mill delivery Rs 7,100, Soybean Refined Mill Delivery (Indore) Rs 6,750, Soybean Degum (Kandla) Rs 6,450, Crude Palm Oil (Ex-Kandla) Rs 4,300, Cotton seed Mill Delivery (Haryana) Rs 5,950, Palmolein (RBD) Rs 5,900, Palmolein (Kandla) Rs 5,950 and Coconut (per tin) Rs 1,700-1,750.

Non-edible oils: Linseed Rs 9,300, Castor Rs 9,600-9,700, Neem Rs 5,350-5,450.