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Groundnut, mustard oil fall on muted demand

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Press Trust of India New Delhi
Last Updated : Jan 11 2017 | 2:48 PM IST
Prices of groundnut and mustard oils fell by up to Rs 100 per quintal at the wholesale oils and oilseeds market today owing to slackened demand against adequate stocks.
However, other edible and non-edible oils held steady in limited deals.
Traders said besides fall in demand from retailers, against ample stocks position kept pressure on groundnut and mustard oil prices.
In the national capital, groundnut mill delivery (Gujarat) oil fell by Rs 100 to Rs 10,100 per quintal.
Mustard expeller (Dadri) also eased by Rs 50 to Rs 8,500 per quintal.
Following are today's quotations (in Rs per quintal):

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Oilseeds: Mustard seed Rs 2,950-3,050 and Groundnut seed Rs 2,150-2,900. Vanaspati Ghee (15-litre tin) Rs 800-1,000.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 10,100,Groundnut Solvent Refined (per tin) Rs 1,800-1,900, Mustard expeller (Dadri) Rs 8,500, Mustard Pakki Ghani (per tin) Rs 1,350-1,395, Mustard Kachi Ghani (per tin) Rs 1,400-1,500,Sesame Mill delivery Rs 8,300, Soybean Refined Mill Delivery (Indore) Rs 6,900, Soybean Degum (Kandla) Rs 6,600, Crude Palm Oil (Ex-Kandla) Rs 4,700, Cottonseed Mill Delivery (Haryana) Rs 6,850, Palmolein (RBD) Rs 6,250, Palmolein (Kandla) Rs 6,300 and Coconut (per tin) Rs 1,850-1,900.
Non-edible oils: Linseed Rs 9,850, Castor Rs 9,850-9,950, Neem Rs 5,350-5,450.

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First Published: Jan 11 2017 | 2:48 PM IST

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