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Palmolein oils slide on subdued demand

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Press Trust of India New Delhi
Palmolein oil prices eased by Rs 50 per quintal at the wholesale oils and oilseeds market today owing to slackened demand from retailers.

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 retailers mainly led to the fall in palmolein oil prices.

In the national capital, palmolein (rbd) and palmolein (Kandla) oils were down by Rs 50 each to Rs 5,850 and Rs 5,700 per quintal, respectively.

Following are today's quotations (in Rs per quintal):

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

Vanaspati Ghee (15-litre tin) 930-1,100.
 

Edible oils: Groundnut Mill Delivery (Gujarat) 8,350, Groundnut Solvent Refined (per tin) 1,400-1,450, Mustard expeller (Dadri) 7,850, Mustard Pakki Ghani (per tin) 1,250- 1,300, Mustard Kachi Ghani (per tin) 1,300-1,400, sesame mill delivery 7,500, Soyabean Refined Mill Delivery (Indore) 6,800, Soyabean Degum (Kandla) 6,500, Crude Palm Oil (Ex-Kandla) 4,350, Cottonseed Mill Delivery (Haryana) 5,800, Palmolein (RBD) 5,850, Palmolein (Kandla) 5,700 and Coconut (per tin) 2,350-2,400.

Non-edible oils: Linseed 8,400, Castor 9,700-9,800, Neem 5,350-5,450.

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First Published: Feb 13 2015 | 3:01 PM IST

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