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Mustard, sesame oils down on sluggish demand

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Press Trust of India New Delhi

Mustard and sesame oil prices softened by Rs 20 per quintal in the wholesale oils and oilseeds market today, on slackened demand at prevailing higher levels.  

On the other hand, non-edible oils remained stable on restricted buying activity by consuming industries. Traders said sluggish demand at prevailing higher levels mainly led to the decline in mustard and sesame oil prices.

They added activity remained restricted due to absence of enquiries from neighbouring states. In the national capital, mustard expeller oil (Dadri) lost Rs 20 to Rs 6,030 per quintal.

Sesame mill delivery oil also traded lower by the same margin to Rs 6,390 per quintal.

 

Following are today's quotations in Rs per quintal:

Oilseeds: mustard seed 2,525-2,655 and groundnut seed 2,100-2,850
Vanaspati ghee (15 litres tin) 1,065-1,140

Edible oils: Groundnut mill delivery (Gujarat) 7,400, groundnut Solvent refined (per tin) 1,350-1,360, Mustard Expeller (Dadri) 6,030, Mustard Pakki ghani (per tin) 780-935, Mustard kachi ghani (per tin) 935-1,035

Sunflower 6,300, Sesame mill delivery 6,390, soybean Refined mill delivery (Indore) 6,530, Soyabean degum (Kandla) 6,100, Crude Palm Oil (Ex-kandla) 5,750, Cottonseed mill delivery (Haryana) 5,850, Palmolein (RBD) 6,250, Rice bran (phy) 3,750 and Coconut (per tin) 1,500-1,560

Non-edible oils: Linseed 4,650, Mahuwa 4,000, Castor 8,750-8,850, Neem 4,100-4,200, Rice bran 3,300-3,400 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: Feb 16 2011 | 4:12 PM IST

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