Mustard oil remains weak on higher supply

Mustard oil prices fell by Rs 100 per quintal at the wholesale oils and oilseeds market today on increased supplies from producing belts against lower demand.
However, other edible and non-edible oils moved in a tight range in limited deals and settled around previous levels.
Traders said adequate stocks in the market on higher supplies from producing belts against subdued demand mainly kept pressure on mustard oil prices.
In the national capital, mustard expeller (Dadri) oil shed another Rs 100 to close at Rs 7,200 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 8,800, Groundnut Solvent Refined (per tin) Rs 1,500-1,550, Mustard expeller (Dadri) Rs 7,200, 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.