Search
+
    SEARCHED FOR:

    PALMOLINE PRICES

    Prices of palmolein and soyabean oil fell by Rs 100 per quintal on the wholesale oils and oilseeds market today largely on weak global trend.

    In a mixed pattern of trading, select edible oils continued their upward march for the second straight week on the wholesale oils and oilseeds market largely on pick up in demand from vanaspati units.

    The wholesale edible oils fell on Saturday by up to Rs 100 per quintal in the national capital on stockists selling, triggered by weakening trend in global markets.

    The wholesale prices of edible oils, led by palmoline and crude palm oil, suffered major losses in the national capital during the week under review.

    Wholesale prices of select edible oils fell for the second straight day today in the national capital due to slow down in demand from vanaspati and retail units, even as palm oil prices rose in the global market.

    Keeping an eye on assembly polls later this year, Delhi government today said it would sell subsidised edible oil through fair price shops to give relief to the common man from rising prices of the commodity in the national capital.

    • The wholesale prices of soyabean and palm oils rose upto Rs 50 a quintal in the national capital on the back of firming global markets.

      Edible oil prices moved up to Rs 500 per quintal in the national capital during the week, taking cues from global markets.

      Wholesale prices of Palmoline and groundnut mill delivery oils during this week fell upto Rs 100 a quintal in the national capital on increased supply.

      Select edible oil prices recovered between Rs 50 and Rs 100 per quintal in the wholesale oils and oilseeds market on Saturday on fresh buying influenced by firming global trend.

      Select edible oils dropped by Rs 100 a quintal on the oils and oilseeds market here today following poor offtake by stockist and local parties amid adequate stock positions.

      Edible oil prices recovered in the wholesale oils and oilseeds market here today on fresh arrivals.

      Led by palmoline, oil prices experienced a free-fall on the wholesale oils and oilseeds market on restricted offtake after the govt's decision to cut import duty on edible oils and imposition of ban on its exports.

      Palmoline prices moved up by Rs 900 per quintal in the wholesale oils and oilseeds market today on restricted arrivals against brisk buying from vanaspati mills.

      A mixed trend in prices of edible oils was noticed in the wholesale oil and oilseed market today as mustard and soyabean oils rose by Rs 50 per quintal each while palm oils prices declined due to lower global advices.

      The reports of cut in import duty on vegetable oils by government was the another factor behind the rise of prices.

      Soyabean and palm oil prices firmed up on the wholesale oils and oilseeds market in New Delhi on Saturday.

      Some non-edible oils were also seen in demand and their prices spurted.

      Groundnut mill delivery and palmoline oils weakened in the wholesale oils and oilseeds market on Monday on sluggish demand against adequate stocks position and closed with losses.

      Load More
    The Economic Times
    BACK TO TOP
    Advertisement