Prices of select edible oil fell by up to Rs 200 per quintal at the wholesale oil and oilseeds market today on muted demand from retailers against adequate stocks.
Castor oil in the non-edible section, also showed some weakness on reduced offtake by consuming industries.
Traders said that besides easing demand from retailers, adequate stock position on increased supplies from producing regions mainly kept pressure on select edible oil prices.
In the national capital, groundnut mill delivery (Gujarat) oil fell Rs 200 to Rs 12,400 per quintal.
Palmolein (rbd) and palmolein (Kandla) oils also eased by Rs 50 each to Rs 6,200 and Rs 6,250 per quintal respectively.
In the non-edible section, castor oil too traded lower by Rs 50 to Rs 9,750-9,850 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 12,400, Groundnut Solvent Refined (per tin) Rs 1,950-2,000, Mustard expeller (Dadri) Rs 8,900, Mustard Pakki Ghani (per tin) Rs 1,400-1,445, Mustard Kachi Ghani (per tin) Rs 1,450-1,550, Sesame Mill delivery Rs 7,900, Soybean Refined Mill Delivery (Indore) Rs 6,850, Soybean Degum (Kandla) Rs 6,550, Crude Palm Oil (Ex-Kandla) Rs 4,550, Cottonseed Mill Delivery (Haryana) Rs 6,500, Palmolein (RBD) Rs 6,200, Palmolein (Kandla) Rs 6,250 and Coconut (per tin) Rs 1,700-1,750.
Non-edible oils: Linseed Rs 9,700, Castor Rs 9,750-9,850, Neem Rs 5,350-5,450.
Disclaimer: No Business Standard Journalist was involved in creation of this content
