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Groundnut oil falls in thin trade

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Press Trust of India New Delhi
In thin trading, groundnut mill delivery oil fell by Rs 200 per quintal at the oils and oilseeds market today on reduced offtake against increased supplies from producing belts.

However, other edible and non-edible oils moved in a narrow range in limited deals and settled around previous levels.

Traders said increased supplies against reduced offtake by stockists and retailers mainly kept pressure on groundnut oil prices.

In the national capital, groundnut mill delivery (Gujarat) fell by Rs 200 to Rs 7,500 per quintal. Groundnut solvent refined also traded lower by Rs 50 to Rs 1,900-1,950 per tin.

The following are today's quotations per quintal:
 

Oilseeds: Mustardseed 2,950-3,050 and Groundnut Seed 2,150-2,900.

Vanaspati Ghee (15-litre tin) 1,160-1,290.

Edible oils: Groundnut Mill Delivery (Gujarat) 7,500, Groundnut Solvent Refined (per tin) 1,900-1,950, Mustard expeller (Dadri) 7,500, Mustard Pakki Ghani (per tin) 1,290-1,370, Mustard Kachi Ghani (per tin) 1,375-1,475, Sunflower 6,300, Sesame Mill Delivery 11,600, Soybean Refined Mill Delivery (Indore) 7,450, Soyabean Degum (Kandla) 7,200,Crude Palm Oil (Ex-Kandla) 5,400, Cottonseed Mill Delivery (Haryana) 6,350, Palmolein (RBD) Rs 6,550, Palmolein (Kandla) 6,200, Rice Bran (phy) 3,800 and Coconut (per tin) 1,650-1,700.

Non-edible oils: Linseed 7,450, Mahuwa 4,000, Castor 9,400-9,500, Neem 5,300-5,400, Rice Bran 3,150-3,250 and Palm Fatty 3,200-3,300.

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 20 2014 | 3:12 PM IST

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