Select edible oils slide on low demand

Prices of select edible oils declined by Rs 50 per quintal at the wholesale oils and oilseeds market today on sluggish demand from retailers.
Castor oil in the non-edible section, also eased on reduced offtake by consuming industries.
Traders said subdued demand from retailers against adequate stocks position mainly led to the decline in select edible oil prices.
In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils fell by Rs 50 each to Rs 6,400 and Rs 6,000 per quintal, respectively.
Mustard expeller (Dadri) and cottonseed mill delivery (Haryana) oils also weakened by the same margin to Rs 7,900 and Rs 6,500 per quintal, respectively.

In the non-edible, castor oil too traded lower by Rs 50 to Rs 9,250-9,350 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 800- 1,000.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 9,800, Groundnut Solvent Refined (per tin) Rs 1,800-1,900, Mustard expeller (Dadri) Rs 7,900, Mustard Pakki Ghani (per tin) Rs 1,250-1,295, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, Sesame Mill delivery Rs 8,100, Soybean Refined Mill Delivery (Indore) Rs 6,400, Soybean Degum (Kandla) Rs 6,000, Crude Palm Oil (Ex-Kandla) Rs 4,700, Cottonseed Mill Delivery (Haryana) Rs 6,500, Palmolein (RBD) Rs 5,550, Palmolein (Kandla) Rs 5,600 and Coconut (per tin) Rs 2,050-2,100.

Non-edible oils: Linseed Rs 9,300, Castor Rs 9,250-9,350, Neem Rs 5,350-5,450.