Select edible oil prices up on increased offtake
Prices of mustard and sesame oils increased by Rs 20 each per quintal in the wholesale oils and oilseeds market today following restricted supply amid increased offtake.
Marketmen said better offtake by vanaspati mills against fall in supply, largely attributed to the rise in sesame and mustardseed oil prices.
However, prices of other oils maintained previous levels on small alternate bouts of trading.
Mustard expeller moved up by Rs 20 at Rs 5,400 a quintal on better offtake by stockists.
Sesame mill delivery oils also registered gains of Rs 20 at Rs 5,920 a quintal on increased buying by vanaspati units.
Following were today's quotation per quintal (in Rs): Oilseeds: mustard seed 2100-2300 and cottonseed not available.
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