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Select edible oils fall on easing demand

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Press Trust of India New Delhi
Select edible oil prices drifted up to Rs 100 per quintal at the wholesale oils and oilseeds market today owing to sluggish demand against adequate stocks position.

In the non-edible section, castor oil also eased on reduced offtake by consuming industries.

Traders said besides easing demand from retailers at current levels, adequate stocks position on higher supplies from producing belts kept pressure on edible oil prices.

In the national capital, mustard expeller (Dadri) and cottonseed mill delivery (Haryana) and sesame mill delivery oils were down by Rs 100 each to Rs 7,700, Rs 5,800 and Rs 7,400 per quintal, respectively.
 

Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils also declined by Rs 100 each to Rs 6,650 and Rs 6,350 per quintal, respectively.

Crude palm oil (ex-kandla) shed Rs 50 at Rs 4,200 per quintal. Palmolein (rbd) and palmolein (Kandla) oils traded lower by Rs 100 each to Rs 5,650 and Rs 5,500 per quintal, respectively.

Among non-edible, castor oil traded lower by Rs 50 to Rs 9,650-9,750 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 930-1,070.

Edible oils: Groundnut Mill Delivery (Gujarat) Rs 8,450, Groundnut Solvent Refined (per tin) Rs 1,400-1,450, Mustard expeller (Dadri) Rs 7,700, Mustard Pakki Ghani (per tin) Rs 1,250-1,300, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, sesame mill delivery Rs 7,400, Soyabean Refined Mill Delivery (Indore) Rs 6,650, Soyabean Degum (Kandla) Rs 6,350, Crude Palm Oil (Ex-Kandla) Rs 4,200, Cottonseed Mill Delivery (Haryana) Rs 5,800, Palmolein (RBD) Rs 5,650, Palmolein (Kandla) Rs 5,500 and Coconut (per tin) Rs 2,350-2,400.

Non-edible oils: Linseed Rs 8,400, Castor Rs 9,650-9,750, Neem Rs 5,350-5,450.

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First Published: Feb 24 2015 | 2:40 PM IST

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