Business Standard

Soyabean oil falls on muted demand

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Press Trust of India New Delhi
Soyabean oil prices declined by Rs 50 per quintal in an otherwise steady wholesale oils and oilseeds market today on sluggish demand.

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

Traders said subdued demand from retailers mainly led to a fall in soyabean oil prices.

In the national capital, soyabean mill delivery (Indore) and soyabean degum (Kandla) oils fell by Rs 50 each to Rs 6,600 and Rs 6,300 per quintal, respectively.

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 850-1,065.
 

Edible oils: Groundnut Mill Delivery (Gujarat) Rs 9,050, Groundnut Solvent Refined (per tin) Rs 1,700-1,750, Mustard expeller (Dadri) Rs 8,600, Mustard Pakki Ghani (per tin) Rs 1,500-1,550, Mustard Kachi Ghani (per tin) Rs 1,550-1,650, Sesame Mill delivery Rs 7,900, Soyabean Refined Mill Delivery (Indore) Rs 6,600, Soyabean Degum (Kandla) Rs 6,300, Crude Palm Oil (Ex-Kandla) Rs 4,200, Cottonseed Mill Delivery (Haryana) Rs 5,900, Palmolein (RBD) Rs 5,500, Palmolein (Kandla) Rs 5,450 and Coconut (per tin) Rs 2,050-2,100.

Non-edible oils: Linseed Rs 9,000, Castor Rs 9,850-9,950, Neem Rs 5,350-5,450.

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First Published: Nov 18 2015 | 2:02 PM IST

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