The wholesale oils and oilseeds market displayed a mixed trend during the week as select edible oil prices rose on pick up in demand from retailers while a few others receded due to adequate stocks position.
However, non-edible oils moved in a narrow range throughout the week in the absence of worthwhile activity from consuming industries and settled at last levels.
Traders said some demand from retailers mainly led to rise in select edible oil prices but adequate stocks position against subdued demand kept pressure on other prices.
Meanwhile, India imported a record 9,76,175 tonnes of palm oils in July, industry body SEA said, expressing concerns over the rise in cheaper shipments that has put pressure on domestic prices thereby discouraging oilseeds growers.
In the edible section, mustard expeller (Dadri ) oil moved up by Rs 50 to Rs 7,550 per quintal on local demand. Mustard pakki and kachi ghani oils held steady at Rs 1,270-1,320 and Rs 1,320-1,420 per tin respectively.
Groundnut oil which remained steady for the major part of week, met with retailers demand at the fag-end and finished Rs 50 higher at Rs 8,850 per quintal.
On the other hand, palmolein (RBD) and Palmolein (Kandla) oils fell by Rs 100 each to Rs 5,300 and Rs 5,200 per quintal respectively.
Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils also eased by Rs 50 each to Rs 6,450 and Rs 6,150 per quintal respectively.
On the other hand, sesame and cotton seed mill delivery (Haryana) oils moved in a narrow range in limited deals and settled at previous level of Rs 8,000 and Rs 5,700 per quintal respectively.
In the non-edible section, castor and linseed oils trading in a tight range on lack of worthwhile activity from consuming industries and finished at last week's levels of Rs 9,750-9,850 and Rs 8,450 per quintal respectively.
