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Mustard oil softens on weak local demand

Press Trust of India  |  New Delhi 

In restricted activity, mustard prices eased by Rs 50 per quintal at the wholesale oils and oilseeds market today due to subdued local demand.

However, other edible and non-edible oils moved in a narrow range in limited deals and pegged at last levels.


Traders said sluggish demand from local parties against adequate stocks position led to the decline in mustard prices.

In the national capital, mustard expeller (Dadri) traded lower by Rs 50 to Rs 7,850 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 800-1,000.

Edible oils: Groundnut Mill Delivery (Gujarat) Rs 9,400, Groundnut Solvent Refined (per tin) Rs 1,800-1,900, Mustard expeller (Dadri) Rs 7,850, Mustard Pakki Ghani (per tin) Rs 1,250-1,295, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, Sesame Mill delivery Rs 8,100, Soybean Refined Mill Delivery (Indore) Rs 6,500, Soybean Degum (Kandla) Rs 6,100, Crude Palm (Ex-Kandla) Rs 4,750, Cottonseed Mill Delivery (Haryana) Rs 6,450, Palmolein (RBD) Rs 5,300, Palmolein (Kandla) Rs 5,350 and Coconut (per tin) Rs 2,050-2,100.

Non-edible oils: Linseed Rs 8,950, Castor Rs 9,100-9,200, Neem Rs 5,350-5,450.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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