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Sesame, cottonseed oil slide on subdued demand

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Press Trust of India New Delhi
Last Updated : Feb 02 2016 | 2:22 PM IST
Prices of sesame and cottonseed oil declined by Rs 50 per quintal at the wholesale oils and oilseeds market today following easing demand from retailers coupled with adequate stocks.
However, other edible and non-edible oils moved in a narrow range in limited deals and settled around previous levels.
Traders said apart from sluggish demand from retailers, ample stocks position mainly led to decline in sesame and cottonseed oil prices.
In the national capital, sesame and cottonseed mill delivery (Haryana) oils traded lower by Rs 50 each to Rs 6,850 and Rs 5,700 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 850-1,065.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 9,150, Groundnut Solvent Refined (per tin) Rs 1,725-1,825, Mustard expeller (Dadri) Rs 8,400, Mustard Pakki Ghani (per tin) Rs 1,350-1,400, Mustard Kachi Ghani (per tin) Rs 1,400-1,500, Sesame Mill delivery Rs 6,850, Soyabean Refined Mill Delivery (Indore) Rs 6,300, Soyabean Degum (Kandla) Rs 6,000, Crude Palm Oil (Ex-Kandla) Rs 4,050, Cotton seed Mill Delivery (Haryana) Rs 5,700, Palmolein (RBD) Rs 5,150, Palmolein (Kandla) Rs 5,100 and Coconut (per tin) Rs 1,850-1,900.
Non-edible oils: Linseed Rs 9,000, Castor Rs 9,350-9,450, Neem Rs 5,350-5,450.

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First Published: Feb 02 2016 | 2:22 PM IST

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