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MSN: Palmolein, crude palm oil up on global cues
 
New Delhi, Oct 11 (PTI) Palmolein and crude palm oil prices rose up to Rs 30 per quintal in the oils and oilseeds market on firming global trend.
Linseed oil in the non-edible section, also gained fresh ground on fresh enquiries from paint industries.
Trading sentiment boosted after palm oil surged to its highest level in more than 26 months in Malaysia, tracking gains in soybeans, which rallied after the US Department of Agriculture forecast a smaller global crop.
Meanwhile, palm oil futures for December jumped 6.5 per cent to USD 948 a metric tonne, the highest level since August 1, 2008, on the Malaysia Derivatives Exchange.
Traders said besides firming trend in global markets, pick up in local demand, driven by festive season, also attributed to the rise in palmolein and crude palm oil prices.
In the national capital, palmolein (rbd) and crude palm oil (ex-kandla) rose Rs 30 and Rs 20 to Rs 4,950 and Rs 4,080 per quintal.
In the non-edible section, linseed oil traded higher by Rs 50 to Rs 4,150 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) 815-910.
Edible oils: Groundnut mill delivery (Gujarat) 8,300, groundnut Solvent refined (per tin) 1,400-1,410, Mustard Expeller (Dadri) 5,320, Mustard Pakki ghani (per tin) 720-875, Mustard kachi ghani (per tin) 875-975, Sunflower 6,300, Sesame mill delivery 5,850, soybean Refined mill delivery (Indore) 4,850 Soyabean degum (Delhi) 4,610, Crude Palm Oil (Ex-kandla) 4,080, Cottonseed mill delivery (Haryana) 4,500, Palmolein (RBD) 4,950, Rice bran (phy) 3,750 and Coconut (per tin) 1,260-1,310.
Non-edible oils: Linseed 4,150, Mahuwa 4,000, Castor 8,450-8,550, Neem 3,700-3,800, Rice bran 3,300-3,400 and palm fatty 3,225-3,300.
Oilcakes: groundnut de-husk 800-850, sesame 950-1,150, Mustard (new) 1,000---1,025, Mustard 1,200-1,210 and Cottonseed 1,075-1,175.
Source