Soyabean oil rises on stockists buying

Press Trust of India  |  New Delhi 

In restricted activity, soyabean prices rose by Rs 100 per quintal at the wholesale oils and oilseeds market today following pick up in demand from retailers.

Castor in the non-edible section, also traded higher on increased offtake by consuming industries.



Traders said pick up in demand from retailers and vanaspati millers against tight stocks position on restricted supplies from producing regions, mainly led to rise in soyabean prices.

In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils were up by Rs 100 each to Rs 7,000 and Rs 6,700 per quintal respectively.

In the non-edible section, castor also edged up by Rs 50 to Rs 9,750-9,850 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 9,800,Groundnut Solvent Refined (per tin) Rs 1,800-1,900, Mustard expeller (Dadri) Rs 8,400, Mustard Pakki Ghani (per tin) Rs 1,350-1,395, Mustard Kachi Ghani (per tin) Rs 1,400-1,500,Sesame Mill delivery Rs 8,400, Soybean Refined Mill Delivery (Indore) Rs 7,000, Soybean Degum (Kandla) Rs 6,700, Crude Palm (Ex-Kandla) Rs 4,700, Cottonseed Mill Delivery (Haryana) Rs 6,750, Palmolein (RBD) Rs 6,000, Palmolein (Kandla) Rs 6,050 and Coconut (per tin) Rs 1,850-1,900.

Non-edible oils: Linseed Rs 9,750, Castor Rs 9,750-9,850, Neem Rs 5,350-5,450.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Soyabean oil rises on stockists buying

In restricted activity, soyabean oil prices rose by Rs 100 per quintal at the wholesale oils and oilseeds market today following pick up in demand from retailers. Castor oil in the non-edible section, also traded higher on increased offtake by consuming industries. Traders said pick up in demand from retailers and vanaspati millers against tight stocks position on restricted supplies from producing regions, mainly led to rise in soyabean oil prices. In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils were up by Rs 100 each to Rs 7,000 and Rs 6,700 per quintal respectively. In the non-edible section, castor oil also edged up by Rs 50 to Rs 9,750-9,850 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 9,800,Groundnut Solvent Refined (per tin) Rs ... In restricted activity, soyabean prices rose by Rs 100 per quintal at the wholesale oils and oilseeds market today following pick up in demand from retailers.

Castor in the non-edible section, also traded higher on increased offtake by consuming industries.

Traders said pick up in demand from retailers and vanaspati millers against tight stocks position on restricted supplies from producing regions, mainly led to rise in soyabean prices.

In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils were up by Rs 100 each to Rs 7,000 and Rs 6,700 per quintal respectively.

In the non-edible section, castor also edged up by Rs 50 to Rs 9,750-9,850 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 9,800,Groundnut Solvent Refined (per tin) Rs 1,800-1,900, Mustard expeller (Dadri) Rs 8,400, Mustard Pakki Ghani (per tin) Rs 1,350-1,395, Mustard Kachi Ghani (per tin) Rs 1,400-1,500,Sesame Mill delivery Rs 8,400, Soybean Refined Mill Delivery (Indore) Rs 7,000, Soybean Degum (Kandla) Rs 6,700, Crude Palm (Ex-Kandla) Rs 4,700, Cottonseed Mill Delivery (Haryana) Rs 6,750, Palmolein (RBD) Rs 6,000, Palmolein (Kandla) Rs 6,050 and Coconut (per tin) Rs 1,850-1,900.

Non-edible oils: Linseed Rs 9,750, Castor Rs 9,750-9,850, Neem Rs 5,350-5,450.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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