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Soyabean oil declines by Rs 100 per quintal in thin trade

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Press Trust of India New Delhi
Soyabean oil prices fell by Rs 100 per quintal at the wholesale oils and oilseeds market today due to slackened demand from millers and retailers.

However, other edible and non-edible oils, after moving in a tight range in limited deals, settled around previous levels.

Traders said subdued demand against adequate supply mainly kept pressure on soyabean oil prices.

In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils fell by Rs 100 each to Rs 7,450 and Rs 7,200 per quintal, respectively.

The following are 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) 7,600, Groundnut Solvent Refined (per tin) 1,900-1,950, Mustard expeller (Dadri) 7,500, Mustard Pakki Ghani (per tin) 1,290-1,370, Mustard Kachi Ghani (per tin) 1,375-1,475, Sunflower 6,300, Sesame Mill Delivery 11,600, Soybean Refined Mill Delivery (Indore) 7,450, Soyabean Degum (Kandla) 7,200,Crude Palm Oil (Ex-Kandla) 5,600, Cottonseed Mill Delivery (Haryana) 6,300, Palmolein (RBD) Rs 6,700, Palmolein (Kandla) 6,350, Rice Bran (phy) 3,800 and Coconut (per tin) 1,900-1,950.

Non-edible oils: Linseed 7,650, Mahuwa 4,000, Castor 9,550-9,650, Neem 5,350-5,450, 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: Mar 25 2014 | 2:52 PM IST

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