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Select edible oils weaken on stockists selling

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Press Trust of India New Delhi
Select edible oil prices fell up to Rs 100 per quintal on the wholesale oils and oilseeds market today on stockists selling against slackened demand.

However, castor oil in the non-edible section also traded lower on reduced industrial offtake.

Traders said stocksits selling against sluggish demand mainly kept pressure on select edible oil prices.

In the national capital, groundnut mill delivery (Gujarat) oil shed another Rs 50 to Rs 7,400 per quintal.

Mustard expeller (Dadri) and sesame mill delivery oils fell by Rs 100 each to Rs 7,100 and Rs 10,500 per quintal respectively.

In the non-edible section, castor oil shed Rs 50 at Rs 9,400-9,500 per quintal.
 

The following were today's quotations per quintal:

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

Vanaspati Ghee (15-litre tin) 1,120-1,340.

Edible oils: Groundnut Mill Delivery (Gujarat) 7,400, Groundnut Solvent Refined (per tin) 1,900-1,950, Mustard expeller (Dadri) 7,100, Mustard Pakki Ghani (per tin) 1,290-1,370, Mustard Kachi Ghani (per tin) 1,375-1,475, Sunflower 6,300, Sesame Mill Delivery 10,500, Soybean Refined Mill Delivery (Indore) 7,400, Soyabean Degum (Kandla) 7,150, Crude Palm Oil (Ex-Kandla) 5,600, Cottonseed Mill Delivery (Haryana) 6,300, Palmolein (RBD) Rs 6,650, Palmolein (Kandla) 6,300, Rice Bran (phy) 3,800 and Coconut (per tin) 1,900-1,950.

Non-edible oils: Linseed 7,500, Mahuwa 4,000, Castor 9,400-9,500, Neem 5,300-5,400, Rice Bran 3,150-3,250 and Palm Fatty 3,200-3,300.

Oilcakes: Groundnut Dehusk 800-850, Sesame 950-1,150, Mustard (New) 1,000-1,025, Mustard 1,200-1,210 and Cottonseed 1,075-1,175.

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First Published: Apr 04 2014 | 2:29 PM IST

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