Palmolein oil falls facing low demand

In limited deals, palmolein oil prices drifted by Rs 50 per quintal at the wholesale oils and oilseeds market today owing to slackened demand from retailers.
However, other edible and non-edible oils continued to trade in a tight range on little doing and settled around previous levels.
Traders said slackened demand from retailers against sufficient stocks position mainly led to fall in palmolein oil prices.
In the national capital, palmolein (rbd) and palmolein (Kandla) oils were down by Rs 50 each to Rs 5,500 and Rs 5,400 per quintal respectively.
Following are today's quotations (in Rs per quintal):
Oilseeds: Mustardseed Rs 2,950-3,050 and Groundnutseed Rs 2,150-2,900. Vanaspati Ghee (15-litre tin) Rs 850-1,065.

Edible oils: Groundnut Mill Delivery (Gujarat) Rs 8,900, Groundnut Solvent Refined (per tin) Rs 1,650-1,700, Mustard expeller (Dadri) Rs 7,550, Mustard Pakki Ghani (per tin) Rs 1,270-1,320, Mustard Kachi Ghani (per tin) Rs 1,320-1,420, sesame mill delivery Rs 8,000, Soyabean Refined Mill Delivery (Indore) Rs 6,600, Soyabean Degum (Kandla) Rs 6,300, Crude Palm Oil (Ex-Kandla) Rs 4,250, Cottonseed Mill Delivery (Haryana) Rs 5,800, Palmolein (RBD) Rs 5,500, Palmolein (Kandla) Rs 5,400 and Coconut (per tin) Rs 2,225-2,250.
Non-edible oils: Linseed Rs 8,450, Castor Rs 9,800-9,900, Neem Rs 5,350-5,450.