Palmolein, soyabean oils up on mills buying, global cues

Press Trust of India  |  New Delhi 

Prices of palmolein and soyabean firmed up by up to Rs 100 per at the wholesale oils and oilseeds market today on increased buying by millers amid a firm trend overseas. in the non-edible section, also finished higher on pick up in demand from consuming industries. Marketmen said increased buying by millers and a firm trend overseas, mainly led to rise in palmolein and soyabean prices. Globally, the benchmark palm contract for April delivery rose 1.1 per cent to 2,521 ringgit (USD 644.59) a tonne on the Exchange. In the national capital, palmolein (RBD) and palmolein (Kandla) oils rose by Rs 50 each to Rs 6,200 and Rs 6,250, while crude palm (ex-kandla) traded higher by Rs 100 to Rs 5,200 per respectively. Soyabean refined mill deliery (Indore) and soyabean degum (Kandla) oils also went up by Rs 100 each to Rs 7,600 and Rs 7,200 per respectively. In the non-edible section, moved up by Rs 100 to Rs 8,000-8,100 per 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. Ghee (15-litre tin) Rs 800-1,000. Edible oils: Groundnut Mill Delivery (Gujarat) Rs 9,200, Groundnut Solvent Refined (per tin) Rs 1,675-1,775, Mustard expeller (Dadri) Rs 7,900, Mustard Pakki Ghani (per tin) Rs 1,300-1,345, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 8,700, Soybean Refined Mill Delivery (Indore) Rs 7,600, Rs 7,200, Crude Palm (Ex-Kandla) Rs 5,200, Cottonseed Mill Delivery (Haryana) Rs 6,800, Palmolein (RBD) Rs 6,200, Palmolein (Kandla) Rs 6,250 and Coconut (per tin) Rs 3,000-3,050. Non-edible oils: Linseed Rs 9,000, Castor Rs 8,000-8,100, Neem Rs 5,350-5,450.

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First Published: Thu, January 25 2018. 14:15 IST