In a mixed pattern of trading, select edible oil prices declined up to Rs 30 per quintal on the wholesale oils and oilseeds market today owing to slack demand amid weakening global trend.
However, few other edible oils found selective buying and traded higher.
Traders said subdued demand at existing higher levels amid a weakening global trend mainly led to a fall in select wholesale edible oil prices.
Meanwhile, palm oil futures for September delivery dropped 0.6 per cent to $746 a metric tonne on the Malaysia Derivatives Exchange.
In the edible section, soyabean refined mill delivery (Indore) and crude palm oil (ex-kandla) were down by Rs 10 and Rs 30 to Rs 4,430 and Rs 3,700, while palmolein (rbd) lost Rs 20 to Rs 4,170 per quintal on lower global trend.
On the otherhand, groundnut mill delivery oil (Gujarat) rose by Rs 50 to Rs 7,350 per quintal and groundnut solvent refined gained Rs 20 to Rs 1,220-1,230 per tin.
Mustard expeller (Dadri) oil also found local buying and traded higher by Rs 20 to Rs 4,750 per quintal and cottonseed mill delivery oil (Haryana) rose by Rs 60 to Rs 4080 per quintal.
