Sesame oil slide on sluggish demand
Press Trust of India New Delhi Sesame oil prices fell by Rs 200 per quintal in an otherwise steady wholesale wholesale oils and oilseeds market today on subdued demand.
However, other edible and non-edible oils continued to trade in a tight range in limited deals and settled around the previous levels.
Traders said low demand from retailers and vanaspati millers mainly led to the decline in sesame oil prices.
In the national capital, sesame mill delivery oil dropped by Rs 200 to Rs 7,000 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 850-1,065.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 9,000, Groundnut Solvent Refined (per tin) Rs 1,700-1,800, Mustard expeller (Dadri) Rs 8,750, Mustard Pakki Ghani (per tin) Rs 1,400-1,450, Mustard Kachi Ghani (per tin) Rs 1,450-1,550, Sesame Mill delivery Rs 7,000, Soyabean Refined Mill Delivery (Indore) Rs 6,500, Soyabean Degum (Kandla) Rs 6,200, Crude Palm Oil (Ex-Kandla) Rs 4,100, Cotton seed Mill Delivery (Haryana) Rs 5,750, Palmolein (RBD) Rs 5,250, Palmolein (Kandla) Rs 5,200 and Coconut (per tin) Rs 1,900-1,950.
Non-edible oils: Linseed Rs 9,100, Castor Rs 9,500-9,600, Neem Rs 5,350-5,450.