Crude palm oil weakens on subdued demand

Crude palm oil fell by Rs 50 per quintal in an otherwise steady wholesale oils and oilseeds market today following sluggish demand against sufficient stocks.
However, other edible and non-edible oils continued to trade in a narrow range in limited deals and settled around previous levels.
Traders attributed the fall in crude palm oil to low demand amid a weak global trend.
In the national capital, crude palm oil (ex-kandla)oil eased by Rs 50 to Rs 4,200 per quintal.
Following are today's quotations (in Rs per quintal):
Oilseeds: Mustardseed Rs 2,950-3,050 and Groundnutseed Rs 2,150-2,900. Vanaspati Ghee (15-litre tin) Rs 850-1,065.

Edible oils: Groundnut Mill Delivery (Gujarat) Rs 8,900, Groundnut Solvent Refined (per tin) Rs 1,650-1,700, Mustard expeller (Dadri) Rs 7,550, Mustard Pakki Ghani (per tin) Rs 1,270-1,320, Mustard Kachi Ghani (per tin) Rs 1,320-1,420, sesame mill delivery Rs 8,000, Soyabean Refined Mill Delivery (Indore) Rs 6,550, Soyabean Degum (Kandla) Rs 6,250, Crude Palm Oil (Ex-Kandla) Rs 4,200, Cottonseed Mill Delivery (Haryana) Rs 5,800, Palmolein (RBD) Rs 5,500, Palmolein (Kandla) Rs 5,400 and Coconut (per tin) Rs 2,225-2,250.
Non-edible oils: Linseed Rs 8,450, Castor Rs 9,800-9,900, Neem Rs 5,350-5,450.