New Delhi (PTI): Wholesale edible oil prices recovered by Rs 50 to Rs 100 per quintal during the week ending today in the national capital on revival of buying by stockists and retailers amidst firm global cues.

Marketmen said buying activity picked up as traders enlarged their positions to meet coming marriage season demand.

Major commodity markets, including edible oil, remained closed on Thursday following a countrywide bandh called by BJP and VHP on the Amarnath land transfer issue.

Market sentiments turned bullish after palm oil futures in Malaysia, the global benchmark, traded at two-week high as crude oil surged to almost 147 US dollar a barrel.

Palm oil for July delivery soared to 3,647 ringgit (1,107 US dollar) a tonne, the highest since June 18, on the Malaysian Derivatives Exchange.

Traders said edible oil prices are directly impacted by international markets as the country imports nearly half of its annual demand.

They said supply concerns continue to affect the prices of edible oils even as the government plans to sell imported oil at subsidised rates to lower income households.

In the edible section, soyabean mill delivery and soyabean degum (Delhi) rose by Rs 50 each to Rs 7,250 and Rs 7,050 a quintal respectively.

Groundnut oil was up by Rs 50 to Rs 7,250 a quintal, while mustard expeller oil shot up by Rs 80 to Rs 6,980 a quintal on increased buying by local traders.

Cottonseed mill delivery and rice bran oil jumped up by Rs 150 and Rs 100 to Rs 6,500 and Rs 5,600 per quintal respectively.

Meanwhile, state-run trading firm PEC Ltd floated a tender to import 24,000 metric tons of crude degummed soyoil as part of the government's plan to import 1 million tons of edible oil to improve availability in the local markets.

In the non-edible section, linseed oil surged by Rs 120 to Rs 5,000 a quintal on fresh enquiries from paint industries.

Castor oil traded higher at Rs 6,500-6,600 from previous level of Rs 6,200-6,600 a quintal on pick up in demand from consuming industries.

Neem, mahuwa and rice bran oils after moving in a tight range, closed flat at Rs 4,100-4,200, Rs 4,400 and Rs 3,900-4,050 per quintal respectively.