Palmolein oils ease on sluggish demand

Palmolein oil prices eased 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 moved in a narrow range in limited deals and settled around previous levels.
Traders said low demand from retailers mainly led to the fall in palmolein oil prices.
In the national capital, palmolein (rbd) and palmolein (Kandla) oils were down by Rs 50 each to Rs 5,750 and Rs 5,600 per quintal, respectively.
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 5,750, Palmolein (Kandla) Rs 5,600 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.