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Cottonseed, sesame oils slide on subdued demand

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Press Trust of India New Delhi
Last Updated : Mar 13 2015 | 3:22 PM IST
Prices of cottonseed and sesame oils declined by Rs 50 per quintal at the wholesale oils and oilseeds market today owing to slackened demand against adequate stocks position.
Castor oil also moved down on reduced offtake by consuming industries.
Traders said subdued demand from retailers against adequate stocks position mainly kept pressure on cottonseed and sesame oil prices.
In the national capital, cottonseed mill delivery (Haryana) and sesame mill delivery oils fell by Rs 50 each to Rs 5,650 and Rs 7,400 per quintal, respectively.
Among non-edible, castor oil eased by Rs 50 to Rs 9,600-9,700 per quintal.
Following are today's quotations (in Rs per quintal):
Oilseeds: Mustard seed Rs 2,950-3,050 and Groundnut Seed Rs 2,150-2,900. Vanaspati Ghee (15-litre tin) Rs 930-1,070.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 8,700, Groundnut Solvent Refined (per tin) Rs 1,400-1,450, Mustard expeller (Dadri) Rs 7,550, Mustard Pakki Ghani (per tin) Rs 1,250-1,300, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, sesame mill delivery Rs 7,400, Soyabean Refined Mill Delivery (Indore) Rs 6,700, Soyabean Degum (Kandla) Rs 6,400, Crude Palm Oil (Ex-Kandla) Rs 4,200, Cottonseed Mill Delivery (Haryana) Rs 5,650, Palmolein (RBD) Rs 5,700, Palmolein (Kandla) Rs 5,550 and Coconut (per tin) Rs 2,350-2,400.
Non-edible oils: Linseed Rs 8,350, Castor Rs 9,600-9,700, Neem Rs 5,350-5,450.

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First Published: Mar 13 2015 | 3:22 PM IST

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