Edible oils fall on sluggish demand

Edible oil prices drifted up to Rs 100 per quintal on the wholesale oils and oilseeds market today owing to slackened demand against sufficient stocks position.
However, non-edible oils moved in a tight range in scattered deals and settled around previous levels.
Traders said sluggish demand at prevailing levels and adequate stocks availability in the market mainly kept pressure on edible oil prices.
In the national capital, mustard expeller (Dadri) oil, shed Rs 50 at Rs 6,500, while sesame mill delivery and cottonseed mill delivery (Haryana) oils fell by Rs 100 each to Rs 8,900 and Rs 6,050 per quintal respectively.

In line with a general weak trend, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils eased by Rs 100 each to Rs 6,800 and Rs 6,500 and crude palm oil (ex-kandla) traded lower by the same margin to Rs 5,450 per quintal respectively.
Palmolein (rbd) and palmolein (Kandla) oils too traded in negative zone with a loss of Rs 6,100 and Rs 5,900 per quintal respectively.

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) 7,300, Groundnut Solvent Refined (per tin) 1,260-1,360, Mustard expeller (Dadri) 6,500, Mustard Pakki Ghani (per tin) 1,100-1,150, Mustard Kachi Ghani (per tin) 1,150-1,250,sesame mill delivery 8,900 Soybean Refined Mill Delivery (Indore) 6,800, Soyabean Degum (Kandla) 6,500, Crude Palm Oil (Ex-Kandla) 5,450, Cottonseed Mill Delivery (Haryana) 6,050, Palmolein (RBD) Rs 6,100, Palmolein (Kandla) 5,900 and Coconut (per tin) 2,650-2,780.

Non-edible oils: Linseed 7,700, Castor 9,450-9,550, Neem 5,300-5,400.