Edible oils show mixed trend

A mixed trend prevailed at the wholesale oils and oilseeds market during the past week as select edible oils ended higher on increased buying by vanaspati millers while a few others remained weak on adequate supplies.
A few oils in the non-edible ended in the negative zone on reduced offtake by consuming industries.
Traders said increased buying by vanaspati millers and retailers led to rise in select edible oil prices while adequate supply kept pressure on mustard expeller and groundnut mill delivery oils.
They said reduced offtake by consuming industries also put pressure on some non-edible oils.
In the national capital, sesame mill delivery oil suffered the most and lost Rs 700 at Rs 10,500 per quintal.

Mustard expeller (Dadri) and groundnut mill delivery (Gujarat) oils fell further by Rs 200 and Rs 100 to Rs 7,100 and Rs 7,400 per quintal, respectively.

On the other hand, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils rose by by Rs 50 each to Rs 7,500 and Rs 7,250, while crude palm oil (ex-kandla) ended higher by Rs 100 at Rs 5,700 per quintal, respectively.
Palmolein (rbd) and palmolein (Kandla) oils also gained Rs 50 each to Rs 6,750 and Rs 6,400 per quintal, respectively.
In the non-edible section, linseed oil fell by Rs 100 to Rs 7,500 per quintal on reduced demand from paint units.

Castor oil moved down by Rs 100 to Rs 9,400-9,500 per quintal on reduced industrial offtake.