Prices of soyabean oil strengthened by Rs 50 per quintal on the wholesale oils and oilseeds market on Wednesday on sustained buying by vanaspati millers, influenced by a firming global trend.
Castor oil, in the non-edible section, also moved up on increased offtake by consuming industries. Meanwhile, palm oil advanced 0.6 per cent to close at $751 a tonne on the Bursa Malaysia Derivatives.
In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils advanced by Rs 50 each to Rs 7,500 and Rs 7,050 per quintal, respectively.
In the non-edible section, castor oil rose by Rs 50 to Rs 8,850-8,950 per quintal.
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) 11,000, Groundnut Solvent Refined (per tin) 2,100-2,150, Mustard expeller (Dadri) 6,750, Mustard Pakki Ghani (per tin) 1,260-1,340, Mustard Kachi Ghani (per tin) 1,345-1,445, Sunflower 6,300, Sesame Mill Delivery 13,000, Soybean Refined Mill Delivery (Indore) 7,500.
Soyabean Degum (Kandla) 7,050, Crude Palm Oil (Ex-Kandla) 6,000, Cottonseed Mill Delivery (Haryana) 6,300, Palmolein (RBD) Rs 6,400, Palmolein (Kandla) 5,900, Rice Bran (phy) 3,800 and Coconut (per tin)1,340-1,390.
Non-edible oils: Linseed 6,400, Mahuwa 4,000, Castor 8,850-8,950, Neem 5,000-5,100, Rice Bran 3,130-3,230 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.