Soyabean oil, palmolein ease on muted demand

Prices of soyabean and palmolein oils declined by Rs 50 per quintal at the wholesale oils and oilseeds market today owing to slackened demand.
However, other edible and non-edible oils moved in a narrow range in limited deals and pegged at last levels.
Traders said sluggish demand from retailers mainly led to decline in soyabean and palmolein oil prices.
In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils shed Rs 50 each to Rs 7,050 and Rs 6,650 per quintal, respectively.
Palmolein (RBD) and palmolein (Kandla) oils also eased by a similar margin to Rs 6,050 and Rs 6,100 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 8,900, Groundnut Solvent Refined (per tin) Rs 1,650-1,750, Mustard expeller (Dadri) Rs 7,850, Mustard Pakki Ghani (per tin) Rs 1,300-1,345, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 7,900, Soybean Refined Mill Delivery (Indore) Rs 7,050, Soybean Degum (Kandla) Rs 6,650, Crude Palm Oil (Ex-Kandla) Rs 4,850, Cottonseed Mill Delivey (Haryana) Rs 6,300, Palmolein (RBD) Rs 6,050, Palmolein (Kandla) Rs 6,100 and Coconut (per tin) Rs 2,550-2,600.

Non-edible oils: Linseed Rs 8,800, Castor Rs 8,600-8,700, Neem Rs 5,350-5,450.