Mustard oil eases on sluggish demand
Press Trust of India New Delhi Mustard oil traded lower by Rs 50 per quintal at the wholesale market today owing to slackened demand from local parties.
However, other edible and non-edible oils moved in a narrow range in limited deals and settled around previous levels.
Traders said subdued demand from local parties against adequate stocks position mainly led to the fall in mustard oil prices.
In the national capital, mustard expeller oil (Dadri) oil were down by Rs 50 to Rs 7,850 per quintal.
Following are today's quotations (in Rs per quintal):
Oilseeds: Mustard seed 2,950-3,050 and Groundnut Seed 2,150-2,900.
Vanaspati Ghee (15-litre tin) 930-1,100.
Edible oils: Groundnut Mill Delivery (Gujarat) 8,400, Groundnut Solvent Refined (per tin) 1,400-1,450, Mustard expeller (Dadri) 7,850, Mustard Pakki Ghani (per tin) 1,250- 1,300, Mustard Kachi Ghani (per tin) 1,300-1,400, sesame mill delivery 7,500, Soyabean Refined Mill Delivery (Indore) 6,900, Soyabean Degum (Kandla) 6,600, Crude Palm Oil (Ex-Kandla) 4,350, Cottonseed Mill Delivery (Haryana) 5,850, Palmolein (RBD) 5,950, Palmolein (Kandla) 5,800 and Coconut (per tin) 2,350-2,400.
Non-edible oils: Linseed 8,400, Castor 9,750-9,850, Neem 5,350-5,450.