Edible oils show mix trend

The wholesale oils and oilseeds market depicted a mixed trend during the week as select edible oils rose on scattered demand from millers and retailers, while a few others remained weak on adequate stocks position.
However, non-edible oils moved in a narrow range in limited deals and settled around previous levels.
Traders said scattered demand from millers as well as retailers mainly pushed up select edible oil prices.
However, adequate stocks on higher supplies from producing belts kept pressure on other oil prices.
In the national capital, groundnut mill delivery (Gujarat), mustard expeller (Dadri) oils rose by Rs 50 and Rs 100 to Rs 8,850 and Rs 7,450 per quintal, respectively.

On the other hand, palmolein (RBD) and palmolein (Kandla) oils slid by Rs 50 each to Rs Rs 5,550 and Rs 5,450, while crude palm oil (ex-kandla) held steady at Rs 4,250 per quintal, respectively.

Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils followed suit and eased by Rs 50 each to Rs 6,550 and Rs 6,250 per quintal, respectively.
Coconut oil weakened to Rs 2,225-2,250 from Rs 2,250-2275 per tin in tune with a weak trend in producing regions.
However, sesame mill delivery and cottonseed mill delivery (Haryana) oils, after moving in a tight range throughout the week, settled at last level of Rs 7,950 and Rs 5,650 per quintal, respectively.

Among the non-edibles, castor and linseeds oils moved narrowly on lack of buying support from consuming industries and finished at last levels of Rs 9,700-9,800 and Rs 8,450 per quintal, respectively.