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Cottonseed oil decline on subdued demand

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 2:02 AM IST

Barring a fall in cottonseed oil on subdued demand, other edible and non-edible oils held steady in the wholesale oils and oilseeds market today.

Traders said subdued demand against adequate stocks led to the decline in wholesale cottonseed oil prices.

In the national capital, cottonseed mill delivery oil (Haryana) lacked necessary buying support and lost Rs 30 to Rs 5,470 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) 1,065-1,140

Edible oils: Groundnut mill delivery (Gujarat) 8,000, groundnut Solvent refined (per tin) 1,350-1,360, Mustard Expeller (Dadri) 5,400, Mustard Pakki ghani (per tin) 760-915, Mustard kachi ghani (per tin) 915-1,015

Sunflower 6,300, Sesame mill delivery 6,200, soybean Refined mill delivery (Indore) 6,130, Soyabean degum (Kandla) 5,780, Crude Palm Oil (Ex-kandla) 5,180, Cottonseed mill delivery (Haryana) 5,470

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Palmolein (RBD) Rs 5,730 Palmolein (Kandla) 5,430, Rice bran (phy) 3,750 and Coconut (per tin) 1,600-1,660

Non-edible oils: Linseed 4,600, Mahuwa 4,000, Castor 8,550-8,650, Neem 4,000-4,100, Rice bran 3,300-3,400 and palm fatty 3,225-3,300

Oilcakes: groundnut dehusk 800-850, sesame 950-1,150, Mustard (new) 1,000-1,025, Mustard 1,200-1,210 and Cottonseed 1,075-1,175

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First Published: Apr 27 2011 | 5:34 PM IST

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