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Mustard oil remains weak on subdued demand

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Press Trust of India New Delhi
Mustard oil prices fell further by Rs 100 per quintal at the wholesale oils and oilseeds market today due to subdued demand.

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

Traders said subdued demand from local parties mainly kept pressure on mustard oil prices.

In the national capital, mustard expeller (Dadri) oil shed another Rs 100 at Rs 7,300 per quintal.

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) 1,120-1,340.

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

Non-edible oils: Linseed 7,650, Mahuwa 4,000, Castor 9,500-9,600, 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: Mar 27 2014 | 3:02 PM IST

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