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Sesame, cottonseed oil declines on sluggish demand

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Press Trust of India New Delhi
Prices of sesame and cottonseed oil were down by Rs 100 per quintal at the wholesale oils and oilseeds market today owing to slackened demand from retailers and millers.

However, other edible and non-edible oils continued to trade at a narrow range in scattered deals and settled around previous levels.

Traders said subdued demand from retailers against adequate stocks position, mainly put pressure on sesame and cottonseed oil prices.

In the national capital, sesame mill delivery and cottonseed mill delivery (Haryana) oils drifted Rs 100 each to Rs 7,900 and Rs 5,900 per quintal, respectively.

Following are today's quotations (in Rs per quintal):
 

Oilseeds: Mustardseed Rs 2,950-3,050 and Groundnut Seed Rs 2,150-2,900. Vanaspati Ghee (15-litre tin) Rs 850-1,065.

Edible oils: Groundnut Mill Delivery (Gujarat) Rs 9,000, Groundnut Solvent Refined (per tin) Rs 1,700-1,750, Mustard expeller (Dadri) Rs 8,100, Mustard Pakki Ghani (per tin) Rs 1,395-1,445, Mustard Kachi Ghani (per tin) Rs 1,435-1,535, Sesame Mill delivery Rs 7,900, Soyabean Refined Mill Delivery (Indore) Rs 6,750, Soyabean Degum (Kandla) Rs 6,450, Crude Palm Oil (Ex-Kandla) Rs 4,250, Cottonseed Mill Delivery (Haryana) Rs 5,900, Palmolein (RBD) Rs 5,650, Palmolein (Kandla) Rs 5,600 and Coconut (per tin) Rs 2,150-2,200.

Non-edible oils: Linseed Rs 8,700, Castor Rs 9,900-10,000, Neem Rs 5,350-5,450.

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First Published: Oct 26 2015 | 2:57 PM IST

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