Cottonseed oil slides on sluggish demand

In restricted activity, cottonseed oil prices drifted by Rs 100 per quintal at the wholesale oils and oilseeds market today owing to slackened demand.
However, other edible and non-edible oils continued to move in a tight range in limited deals and settled around previous levels.
Traders said subdued demand against adequate stocks position mainly led to the fall in cottonseed oil prices.
In the national capital, cottonseed mill delivery (Haryana) oil fell by Rs 100 to Rs 6,150 per quintal.
Following are today's quotations (in Rs per quintal):
Oilseeds: Mustard seed 2,950-3,050 and Groundnut Seed 2,150-2,900.

Vanaspati Ghee (15-litre tin) 1,000-1,200.

Edible oils: Groundnut Mill Delivery (Gujarat) 7,600, Groundnut Solvent Refined (per tin) 1,300-1,350, Mustard expeller (Dadri) 7,280, Mustard Pakki Ghani (per tin) 1,225- 1,275, Mustard Kachi Ghani (per tin) 1,275-1,375, sesame mill delivery 8,300, Soyabean Refined Mill Delivery (Indore) 6,650, Soyabean Degum (Kandla) 6,350, Crude Palm Oil (Ex-Kandla) 4,800, Cottonseed Mill Delivery (Haryana) 6,150, Palmolein (RBD) Rs 5,950, Palmolein (Kandla) 5,750 and Coconut (per tin) 2,700-2,775.
Non-edible oils: Linseed 8,000, Castor 9,700-9,800, Neem 5,350-5,450.