Groundnut oil extends slide on fall in demand

In restricted activity, groundnut mill delivery drifted lower by Rs 200 per quintal at the wholesale oils and oilseeds market today on easing demand from retailers.
However, other edible and non-edible oils, moved in a narrow range in limited deals and settled around previous levels.
Traders said besides adequate stocks position, fall in demand from retailers, kept pressure on groundnut oil prices.
In the national capital, groundnut mill delivery (Gujarat) oil fell by Rs 200 to Rs 13,700 per quintal.
Following are today's quotations (in Rs per quintal):
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 13,700, Groundnut Solvent Refined (per tin) Rs 1,950-2,000, Mustard expeller (Dadri) Rs 8,750, Mustard Pakki Ghani (per tin) Rs 1,400-1,445, Mustard Kachi Ghani (per tin) Rs 1,450-1,550, Sesame Mill delivery Rs 7,900, Soybean Refined Mill Delivery (Indore) Rs 6,800, Soybean Degum (Kandla) Rs 6,500, Crude Palm Oil (Ex-Kandla) Rs 4,500, Cottonseed Mill Delivery (Haryana) Rs 6,450, Palmolein (RBD) Rs 6,100, Palmolein (Kandla) Rs 6,150 and Coconut (per tin) Rs 1,650-1,700.
Non-edible oils: Linseed Rs 9,650, Castor Rs 9,850-9,950, Neem Rs 5,350-5,450.