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Select edible oils slide on sluggish demand

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Press Trust of India New Delhi
Last Updated : Jan 01 2014 | 2:56 PM IST
Select edible oil prices fell up to Rs 100 per quintal on the wholesale oils and oilseeds market today owing to slackened demand against adequate supplies.
However, other non-edible oils remained flat in thin trade.
Marketmen said slackened demand against adequate supplies from producing regions mainly led to decline in select edible oil prices.
In the national capital, groundnut mill delivery (Gujartat) and mustard expeller (Dadri) oils fell by Rs 50 and Rs 100 to Rs 8,100 and Rs 7,400 per quintal, respectively.
Sesame mill delivery and cottonseed mill delivery (Haryana) oils also traded lower by Rs 100 and Rs 50 to Rs 11,500 and Rs 6,400 per quintal, respectively.
The following were today's quotations per quintal:

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Oilseeds: Mustardseed 2,950-3,050 and Groundnut Seed 2,150-2,900.
Vanaspati Ghee (15-litre tin) 1,160-1,290.
Edible oils: Groundnut Mill Delivery (Gujarat) 8,100, Groundnut Solvent Refined (per tin) 2,000-2,050, Mustard expeller (Dadri) 7,400, Mustard Pakki Ghani (per tin) 1,280-1,360, Mustard Kachi Ghani (per tin) 1,365-1,465, Sunflower 6,300, Sesame Mill Delivery 11,500, Soybean Refined Mill Delivery (Indore) 7,550, Soyabean Degum (Kandla) 7,250, Crude Palm Oil (Ex-Kandla) 5,550, Cottonseed Mill Delivery (Haryana) 6,400, Palmolein (RBD) Rs 6,700, Palmolein (Kandla) 6,300, Rice Bran (phy) 3,800 and Coconut (per tin) 1,380-1,430.
Non-edible oils: Linseed 7,150, Mahuwa 4,000, Castor 9,400-9,500, Neem 5,300-5,400, Rice Bran 3,170-3,270 and Palm Fatty 3,225-3,300.
Oilcakes: Groundnut Dehusk 800-850, Sesame 950-1,150, Mustard (New) 1,000-1,025, Mustard 1,200-1,210 and Cottonseed 1,075-1,175.

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First Published: Jan 01 2014 | 2:56 PM IST

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