In restricted activity, palmolein oil prices fell by Rs 50 per quintal at the wholesale oils and oilseeds market today, tracking a weak trend overseas.
However, other edible and non-edible oils moved in a narrow range in limited deals and pegged at last levels.
Traders attributed the slide in palmolein oil prices to a weak trend overseas and fall in demand from millers and local parties.
Globally, the benchmark palm oil contract for July delivery dropped 0.5 per cent to 2,397 ringgit (USD 614.14) a tonne on the Bursa Malaysia Derivatives Exchange.
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.
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 8,700, Groundnut Solvent Refined (per tin) Rs 1,725-1,825, Mustard expeller (Dadri) Rs 7,750, Mustard Pakki Ghani (per tin) Rs 1,300-1,345, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 8,900, Soybean Refined Mill Delivery (Indore) Rs 7,700, Soybean Degum (Kandla) Rs 7,300, Crude Palm Oil (Ex-Kandla) Rs 5,400, Cottonseed Mill Delivery (Haryana) Rs 6,900, Palmolein (RBD) Rs 7,150, Palmolein (Kandla) Rs 7,200 and Coconut (per tin) Rs 3,100-3,150.
Non-edible oils: Linseed Rs 9,000, Castor Rs 7,300-7,400, Neem Rs 5,350-5,450.
Disclaimer: No Business Standard Journalist was involved in creation of this content
