Prices of palmolein and soyabean oil fell by Rs 50 per quintal at the wholesale oils and oilseeds market today owing to slackened demand.
Linseed oil in the non-edible section, also eased on reduced offtake by consuming industries.
Traders said sluggish demand from vanaspati millers and retailers against adequate stocks position mainly kept pressure on palmolein and soyabean oil prices.
In the national capital, palmolein (rbd) and palmolein (Kandla) oils declined by Rs 50 each to Rs 5,450 and Rs 5,400 per quintal, respectively.
Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils also drifted by a similar margin to Rs 6,500 and Rs 6,200 per quintal, respectively.
Among non-edible, linseed oil too weakened by Rs 50 to Rs 9,100 per quintal on muted demand from paint industries.
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 9,250, Groundnut Solvent Refined (per tin) Rs 1,700-1,800, Mustard expeller (Dadri) Rs 8,200, Mustard Pakki Ghani (per tin) Rs 1,300-1,350, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 6,650, Soybean Refined Mill Delivery (Indore) Rs 6,500, Soybean Degum (Kandla) Rs 6,200, Crude Palm Oil (Ex-Kandla) Rs 4,200, Cotton seed Mill Delivery (Haryana) Rs 5,650, Palmolein (RBD) Rs 5,450, Palmolein (Kandla) Rs 5,400 and Coconut (per tin) Rs 1,800-1,850.
Non-edible oils: Linseed Rs 9,100, Castor Rs 9,350-9,450, Neem Rs 5,350-5,450.
