Select edible oils fall on subdued demand

Select edible oil prices fell up to Rs 50 per quintal on the wholesale oils and oilseeds market today on sluggish demand against adequate stocks.

However, non-edible oils remained flat in limited deals.

Traders said adequate stocks against subdued demand from vanaspati millers mainly led to fall in wholesale select edible oil prices.

In the national capital, mustard expeller oil (Dadri) lost Rs 50 to Rs 5,350 per quintal.

Soyabean refined mill delivery (Indore) and soyabean degum (Delhi) oils were down by Rs 50 each to Rs 5,290 and Rs 5,050 per quintal, respectively.

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) 6,800, groundnut Solvent refined (per tin) 1,410-1,420, Mustard Expeller (Dadri) 5,350, Mustard Pakki ghani (per tin) 735-890, Mustard kachi ghani (per tin) 890-990, Sunflower 6,300, Sesame mill delivery 5,900

soybean Refined mill delivery (Indore) 5,290, Soyabean degum (Delhi) 5,050, Crude Palm Oil (Ex-kandla) 4,360, Cottonseed mill delivery (Haryana) 4,720, Palmolein (RBD) 5,250, Rice bran (phy) 3,750 and Coconut (per tin) 1,200-1,260

Non-edible oils: Linseed 4,200, Mahuwa 4,000, Castor 8,400-8,500, 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