Coconut oil weakens in thin trade

Coconut oil prices fell in an otherwise steady wholesale oils and oilseeds market today due to slackened demand from retailers.
However, other edible and non-edible oils moved in a narrow range in limited deals and settled around previous levels.
Traders said sluggish demand and weak advices from southern region mainly weighed on coconut oil prices.
In the national capital, coconut oil slipped to Rs 2,600-2,680 per tin against last close of Rs 2,650-2,740.
Following are today's quotations per quintal:
Oilseeds: Mustardseed 2,950-3,050 and Groundnut Seed 2,150-2,900.

Vanaspati Ghee (15-litre tin) 1,060-1,290.
Edible oils: Groundnut Mill Delivery (Gujarat) 7,200, Groundnut Solvent Refined (per tin) 1,250-1,300, Mustard expeller (Dadri) 6,500, Mustard Pakki Ghani (per tin) 1,150-1,200, Mustard Kachi Ghani (per tin) 1,200-1,300, sesame mill delivery 8,500 Soybean Refined Mill Delivery (Indore) 6,750, Soyabean Degum (Kandla)6,450, Crude Palm Oil (Ex-Kandla) 5,200, Cottonseed Mill Delivery (Haryana) 6,100, Palmolein (RBD) Rs 5,950, Palmolein (Kandla) 5,750 and Coconut (per tin) 2,600-2,680.

Non-edible oils: Linseed 7,700, Castor 9,400-9,500, Neem 5,300-5,400.