Mustard oil trades higher on local demand

Mustard oil found scattered demand from local parties and traded higher by Rs 50 to Rs 7,850 per quintal.

Written by Agencies | New Delhi | Published: January 16, 2012 5:01 pm

In restricted activity,mustard oil prices rose by Rs 50 per quintal in the wholesale oils and oilseeds market today following scattered demand from local parties.

However,other edible and non-edible oils moved in a narrow range in limited deals and settled around previous levels.

Traders attributed the rise in mustard oil to scattered demand from local parties.

In the national capital,mustard oil found scattered demand from local parties and traded higher by Rs 50 to Rs 7,850 per quintal.

The following were today’s quotations per quintal:

Oilseeds: Mustard Seed 2,550-2,680 and Groundnut Seed 2,125-2,875.

Vanaspati Ghee (15-litre tin) 1,030-1,090.

Edible oils: Groundnut Mill Delivery (Gujarat) 9,800,Groundnut Solvent Refined (per tin) 1,620-1,630,Mustard Expeller (Dadri) 7,850,Mustard Pakki Ghani (per tin) 1000-1,155,Mustard Kachi Ghani (per tin) 1,155-1,255,Sunflower 6,300,Sesame Mill Delivery 7,480,Soybean Refined Mill Delivery (Indore) 7,180,Soyabean Degum (Kandla) 6,730,Crude Palm Oil (Ex-Kandla) 6,700,Cottonseed Mill Delivery (Haryana) 6,600,Palmolein (RBD) Rs 6,980,Palmolein (Kandla) 6,630,Rice Bran (phy) 3,800 and Coconut (per tin) 1,560-1,600.

Non-edible oils: Linseed 4,700,Mahuwa 4,000,Castor 8,300-8,400,Neem 4,150-4,250,Rice Bran 3,280-3,380 and Palm Fatty 3,225-3,300.

Oilcakes: Groundnut Dehusk 800-850,Sesame 950-1,150,Mustard (New) 1,000-1,025,Mustard 1,200-1,210 and Cottonseed 1,075-1,175.

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