The wholesale oils and oilseeds market displayed a mixed trend during the week with prices of select edible oils moving up on scattered demand from retailers and a few others weakening on adequate stocks position against subdued demand.
In the non-edible segment, linseed oil traded higher on fresh enquiries from paint industries.
Traders said some demand from retailers mainly led to the rise in select edible oil prices but adequate stocks position against slackened buying support kept pressure on other edible oils.
In the national capital, groundnut mill delivery (Gujarat)and mustard expeller (Dadri) oils ended Rs 100 each higher at Rs 7,300 and Rs 7,200 per quintal respectively on the back of good demand from retailers
Sesame mill delivery and cottonseed mill delivery (Haryana) oils also improved gradually to close higher by Rs 200 and Rs 50 to Rs 8,200 and Rs 6,100 per quintal respectively.
On the other hand, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils weakened by Rs 100 each to Rs 6,300 and Rs 6,000, while crude palm oil (ex-kandla) declined Rs 200 at Rs 4,700 per quintal, respectively.
Palmolein (rbd) and palmolein (Kandla) oils ended lower by 100 each at Rs 5,700 and Rs 5,500 per quintal, respectively.
In the non-edible section, linseed oil on the back of increased demand from paint industries finished higher by Rs 50 to Rs 7,850 per quintal.
