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Mustard oil weakens on sluggish local demand

Press Trust of India  |  New Delhi 

In restricted activity, prices receded by Rs 50 per at the wholesale oils and oilseeds market today.

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

Traders said easing local demand due to rising mercury against sufficient stocks position, led to decline in prices.

Meanwhile, vegetable oils import rose by 3.5 per cent in

April to 13.86 lakh tonnes, according to industry data.

Imports of vegetable oils (edible and non-edible oil)


stood at 13.39 lakh tonnes in April 2017, according to Solvent

Extractors' Association of India (SEA).

In the national capital, expeller (Dadri) oil shed

Rs 50 to Rs 7,650 per

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 8,500, Groundnut Solvent Refined (per tin) Rs 1,700-1,800, Mustard expeller (Dadri) Rs 7,650, Mustard Pakki Ghani (per tin) Rs 1,275-1,320, Mustard Kachi Ghani (per tin) Rs 1,325-1,425, Sesame Mill delivery Rs 9,100, Soybean Refined Mill Delivery (Indore) Rs 7,700, Rs 7,300, Crude Palm Oil (Ex-Kandla) Rs 5,500, Cottonseed Mill Delivery (Haryana) Rs 7,000, Palmolein (RBD) Rs 7,200, Palmolein (Kandla) Rs 7,250 and Coconut (per tin) Rs 3,100-3,150.

Non-edible oils: Linseed Rs 8,900, Castor Rs 7,200-7,300, Neem Rs 5,350-5,450.

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

First Published: Thu, May 17 2018. 14:25 IST
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