Mustard oil eases on adequate supply

In restricted activity, mustard oil prices fell by Rs 100 per quintal at the wholesale oils and oilseeds market today owing to slackened demand against adequate stocks position.
In the non-edible section, linseed oil also declined on reduced offtake by consuming industries.
Traders said besides easing demand, adequate stocks position on increased supplies from producing belts mainly kept pressure on mustard oil prices.
In the national capital, mustard expeller (Dadri) oil fell by Rs 100 to Rs 7,300 per quintal. Mustard pakki and kachani oils followed suit and shed Rs 50 each at Rs 1,200-1,250 and Rs 1,250-1,350 per tin, respectively.

In the non-edible section, linseed oil traded lower by Rs 50 to Rs 8,300 per quintal on lack of demand from paint industries.
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 8,800, Groundnut Solvent Refined (per tin) Rs 1,500-1,550, Mustard expeller (Dadri) Rs 7,300, Mustard Pakki Ghani (per tin) Rs 1,200-1,250, Mustard Kachi Ghani (per tin) Rs 1,250-1,350, sesame mill delivery Rs 7,400, Soyabean Refined Mill Delivery (Indore) Rs 6,650, Soyabean Degum (Kandla) Rs 6,350, Crude Palm Oil (Ex-Kandla) Rs 4,100, Cottonseed Mill Delivery (Haryana) Rs 5,500, Palmolein (RBD) Rs 5,550, Palmolein (Kandla) Rs 5,400 and Coconut (per tin) Rs 2,350-2,400.

Non-edible oils: Linseed Rs 8,300, Castor Rs 9,600-9,700, Neem Rs 5,350-5,450.