Select edible oils decline on reduced offtake

Prices of select edible oils drifted by Rs 50 per quintal at the wholesale oils and oilseeds market today due to reduced offtake by stockists against fall in demand at prevailing levels.
However, non-edible oils moved in a tight range on lack of buying support and settled around previous levels.
Marketmen said reduced offtake by stockists against fall in demand due to rising mercury mainly kept pressure on select edible oil prices.
In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils declined by Rs 50 each to Rs 7,000 and Rs 6,700. Crude palm oil (ex-kandla) also fell by a similar margin to Rs 5,250 per quintal.

Palmolein (rbd) and palmolein (Kandla) oils eased by Rs 50 each to Rs 6,300 and Rs 6,100 per quintal, respectively.
Following are today's quotations (in Rupees per quintal):

Oilseeds: Mustardseed 2,950-3,050 and Groundnut Seed 2,150-2,900.
Vanaspati Ghee (15-litre tin) 1,060-1,290.
Edible oils: Groundnut Mill Delivery (Gujarat) 7,450, Groundnut Solvent Refined (per tin) 1,275-1,350, Mustard expeller (Dadri) 6,800, Mustard Pakki Ghani (per tin) 1,200-1,250, Mustard Kachi Ghani (per tin) 1,250-1,350, sesame mill delivery 8,650, Soyabean Refined Mill Delivery (Indore) 7,000, Soyabean Degum (Kandla) 6,700, Crude Palm Oil (Ex-Kandla) 5,250, Cottonseed Mill Delivery (Haryana) 6,400, Palmolein (RBD) Rs 6,300, Palmolein (Kandla) 6,100 and Coconut (per tin) 2,600-2,680.

Non-edible oils: Linseed 7,750, Castor 9,500-9,600, Neem 5,300-5,400.