Palmolein, soyabean fall on weak global cues

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 1:43 AM IST

Palmolein and soyabean oil prices declined by Rs 20 per quintal in the wholesale oils and oilseeds market today on weakening global trend.

Marketmen said reduced offtake by vanaspati millers at existing higher levels, amid weakening global trend mainly led to the decline in palmolein and soyabean oil prices.

Meanwhile, palm oil futures for April delivery lost one per cent to USD 1,217 a metric tonne in Kuala Lumpur.

In the national capital, palmolein (rbd) and soyabean degum (Delhi) oils lost Rs 50 each to Rs 6,200 and Rs 6,150 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) 1,065-1,140

Edible oils: Groundnut mill delivery (Gujarat) 7,500, groundnut Solvent refined (per tin) 1,400-1,410, Mustard Expeller (Dadri) 6,080, Mustard Pakki ghani (per tin) 775-930, Mustard kachi ghani (per tin) 930-1,030

Sunflower 6,300, Sesame mill delivery 6,400, soybean Refined mill delivery (Indore) 6,540, Soyabean degum (Kandla) 6,150, Crude Palm Oil (Ex-kandla) 5,350, Cottonseed mill delivery (Haryana) 5,720, Palmolein (RBD) 6,200, Rice bran (phy) 3,750 and Coconut (per tin) 1,440-1,500

Non-edible oils: Linseed 4,600, Mahuwa 4,000, Castor 8,650-8,750, Neem 4,150-4,250, 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

More From This Section

First Published: Jan 25 2011 | 3:47 PM IST

Next Story