Groundnut oil weakens on sluggish demand

Barring a fall in groundnut oil due to sluggish demand, other edible and non-edible oils held steady at the wholesale oils and oilseeds market today on scattered buying support.
Traders said subdued demand from retailers against adequate stocks position on increased supplies from producing regions mainly kept pressure on groundnut oil prices.
In the national capital, groundnut mill delivery (Gujarat)
oil eased by Rs 50 to Rs 8,450 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 930-1,070.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 8,450, Groundnut Solvent Refined (per tin) Rs 1,400-1,450, Mustard expeller (Dadri) Es 7,800, Mustard Pakki Ghani (per tin) Rs 1,250-1,300, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, sesame mill delivery Rs 7,500, Soyabean Refined Mill Delivery (Indore) Rs 6,750, Soyabean Degum (Kandla) Rs 6,450, Crude Palm Oil (Ex-Kandla) Rs 4,250, Cottonseed Mill Delivery (Haryana) Rs 5,900, Palmolein (RBD) Rs 5,800, Palmolein (Kandla) Rs 5,650 and Coconut (per tin) Rs 2,350-2,400.

Non-edible oils: Linseed Rs 8,400, Castor Rs 9,700-9,800, Neem Rs 5,350-5,450.