Soyabean refined oil remained under pressure and prices fell by Rs 30 per quintal in the wholesale oils and oilseeds market today on increased selling by stockists amid weakening global trend.
However, groundnut oil found selective buying and improved. Marketmen said increased selling by stockists, triggered by a weakening global trend mainly led to a fall in soyabean refined oil prices.
Meanwhile, palm oil futures for October delivery fell 1.6 per cent to $763 a metric tonne, the biggest intra-day drop since July 19, on the Malaysia Derivatives Exchange.
In the edible section, soyabean refined mill delivery (Indore) and soyabean degum (Delhi) lost another Rs 30 each to Rs 4,750 and Rs 4,550 per quintal.
On the other hand, groundnut mill delivery (Gujarat) rose by Rs 100 to Rs 8,350 per quintal, while groundnut solvent refined gained Rs 25 to Rs 1,400-1,410 per tin.
Following are today's quotations in Rs per quintal:
Oilseeds: mustard seed 2,500-2,600 and groundnut seed 2,100-2,850
Vanaspati ghee (15 litres tin) 720-830
Edible oils: Groundnut mill delivery (Gujarat) 8,350, groundnut Solvent refined (per tin) 1,400-1,410, Mustard Expeller (Dadri) 5,250, Mustard Pakki ghani (per tin) 700-855, Mustard kachi ghani (per tin) 855-955, Sunflower 6,300, Sesame mill delivery 5,870
soybean Refined mill delivery (Indore) 4,750 Soyabean degum (Delhi) 4,550, Crude Palm Oil (Ex-kandla) 3,850, Cottonseed mill delivery (Haryana) 4,500, Palmolein (RBD) 4,490, Rice bran (phy) 3,750 and Coconut (per tin) 1,070-1,100
Non-edible oils: Linseed 4,050, Mahuwa 4,000, Castor 7,600-7,700, Neem 3,700-3,800, Rice bran 3,300-3,400 and palm fatty 3,225-3,300
Oilcakes: groundnut de-husk 800-850, sesame 950-1,150, Mustard (new) 1,025-1,050, Mustard 1,200-1,210 and Cottonseed 1,075-1,175
