Coconut oil price moves up in thin trade

In thin trade,coconut oil prices shot-up by Rs 50 per tin on the wholesale oils and oilseeds market.

Written by Agencies | New Delhi | Published: October 20, 2012 4:16:41 pm

In thin trade,coconut oil prices shot-up by Rs 50 per tin on the wholesale oils and oilseeds market today on scattered demand.

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

Traders said some demand from retailers along with higher advices from southern region mainly helped coconut oil prices to trade higher.

In the national capital,coconut oil rose by Rs 50 to Rs 1,350-1,400 per tin.

The following were today’s quotations per quintal: Oilseeds: Mustardseed 2,950- 3,050 and Groundnut Seed 2,150-2,900.

Vanaspati Ghee (15-litre tin) 1,100-1,250.

Edible oils: Groundnut Mill Delivery (Gujarat) 11,850,Groundnut Solvent Refined (per tin) 1,900-1,950,Mustard expeller (Dadri) 8,300,Mustard Pakki Ghani (per tin) 1,210-1,350,Mustard Kachi Ghani (per tin) 1,365-1,465,Sunflower 6,300,Sesame Mill Delivery 8,700,Soybean Refined Mill Delivery (Indore) 7,500,Soyabean Degum (Kandla) 7,100,Crude Palm Oil (Ex- Kandla) 7,300,Cottonseed Mill Delivery (Haryana) 7,200,Palmolein (RBD) Rs 7,650,Palmolein (Kandla) 7,200,Rice Bran (phy) 3,800 and Coconut(per tin) 1,350- 1,400.

Non-edible oils: Linseed 5,750,Mahuwa 4,000,Castor 8,650-8,750,Neem 4,600-4,700,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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