Prices of palmolein and mustard oils drifted lower by Rs 50 per quintal at the wholesale oils and oilseeds market today on subdued demand from retailers.
In the non-edible section, castor oil eased on reduced offtake by consuming industries.
Traders attributed the slide in palmolein and mustard oils prices to subdued demand from retailers.
In the national capital, palmolein (RBD) and palmolein (Kandla) oils were down by Rs 50 each to Rs 7,150 and Rs 7,200 per quintal, respectively.
Mustard expeller (Dadri) oils traded lower by a similar margin to Rs 7,650 per quintal.
Among non-edible oils, castor oil traded lower by Rs 100 to Rs 7,000-7,100 per quintal.
Following are today's quotations (in Rs per quintal):
Oilseeds: Mustard seed Rs 2,950-3,050 and Groundnut seed Rs 2,150-2,900. Vanaspati Ghee (15-litre tin) Rs 800-1,000.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 8,200, Groundnut Solvent Refined (per tin) Rs 1,700-1,800, Mustard expeller (Dadri) Rs 7,650, Mustard Pakki Ghani (per tin) Rs 1,275-1,320, Mustard Kachi Ghani (per tin) Rs 1,325-1,425, Sesame Mill Delivery Rs 9,500, Soybean Refined Mill Delivery (Indore) Rs 7,600, Soybean Degum (Kandla) Rs 7,200, Crude Palm Oil (Ex-Kandla) Rs 5,500, Cottonseed Mill Delivery (Haryana) Rs 7,200, Palmolein (RBD) Rs 7,150, Palmolein (Kandla) Rs 7,200 and Coconut (per tin) Rs 3,100-3,150.
Non-edible oils: Linseed Rs 8,900, Castor Rs 7,000-7,100, Neem Rs 5,350-5,450.
Disclaimer: No Business Standard Journalist was involved in creation of this content
