Edible oils exhibit mixed trend

The wholesale oils and oilseeds market depicted a mixed trend during the past week as select edible oil prices rose on the back of pickup in demand from retailers amid restricted arrivals from producing belts, while a few others remained weak on adequate stocks positions.
In the non-edible section, castor oil also ended lower owing to reduced offtake by consuming industries.
Traders said rising demand from retailers against restricted arrivals from producing belts mainly led to the rise in select edible oil prices.
They however said adequate stocks position against lack of buying support kept pressure on other edible oil prices.

In the national capital, mustard expeller (Dadri) and groundnut mill delivery (Gujarat) strengthened by Rs 100 and Rs 50 to Rs 7,400 and Rs 8,850 per quintal respectively.
On the other hand, palmolein (RBD) and palmolein (Kandla) oils dropped by Rs 100 each to Rs 5,650 and Rs 5,550 per quintal, respectively.

Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils also shed Rs 50 each at Rs 6,650 and Rs 6,350 per quintal, respectively.
However, sesame and cottonseed mill delivery (Haryana) oils moved in a narrow range in scattered deals and settled around previous levels of Rs 8,000 and Rs 5,700 per quintal respectively.

In the non-edible segment, castor oil moved down by Rs 100 to 9,750-9,850 per quintal.