Palmolein, crude palm oils recover on global cues
Sunday, 21 November 2010
NEW DELHI, Nov 20 (PTI): Palmolein and crude palm oils recovered by Rs 10 per quintal on the wholesale oils and oilseeds market today largely on firming global trend.
Elsewhere, other edible and non-edible oils continued to trade in a tight range in the absence of worthwhile activity.
Traders said fresh buying by vanaspati millers amid firm trend in global markets led to recovery in palmolein and crude palm oil prices.
In the national capital, palmolein (rbd) and crude palm oil (ex-kandla) oils were up by Rs 10 each to Rs 4,790 and Rs 5,600 per quintal.
Following are today's quotations in Rs per quintal: oilseeds: mustard seed 2,525-2,655 and groundnut seed 2,100-2,850.
Vanaspati ghee (15 litres tin) 925-960.
Non-edible oils: linseed 4,300, Mahuwa 4,000, castor 8,400-8,500, neem 3,800-3,900, rice bran 3,300-3,400 and palm fatty 3,225-3,300.
Elsewhere, other edible and non-edible oils continued to trade in a tight range in the absence of worthwhile activity.
Traders said fresh buying by vanaspati millers amid firm trend in global markets led to recovery in palmolein and crude palm oil prices.
In the national capital, palmolein (rbd) and crude palm oil (ex-kandla) oils were up by Rs 10 each to Rs 4,790 and Rs 5,600 per quintal.
Following are today's quotations in Rs per quintal: oilseeds: mustard seed 2,525-2,655 and groundnut seed 2,100-2,850.
Vanaspati ghee (15 litres tin) 925-960.
Non-edible oils: linseed 4,300, Mahuwa 4,000, castor 8,400-8,500, neem 3,800-3,900, rice bran 3,300-3,400 and palm fatty 3,225-3,300.