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Mustard, soyabean oils slide on low demand

Press Trust of India  |  New Delhi 

Prices of mustard and soyabean fell by Rs 100 per quintal at the wholesale oils and oilseeds market today owing to slackened demand.

Castor in the non-edible section, also eased on reduced offtake by consuming industries.


Traders said subdued demand from retailers mainly attributed the slide in mustard and soyabean prices.

In the national capital,mustard expeller (Dadri) declined by Rs 100 to Rs 8,000 per quintal.

Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils also enquired lower by a similar margin to Rs 7,400 and Rs 7,000 per quintal respectively.

In the non-edibls section, castor too finished lower by Rs 100 to Rs 8,700-8,800 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 9,200, Groundnut Solvent Refined (per tin) Rs 1,650-1,750, Mustard expeller (Dadri) Rs 8,000, Mustard Pakki Ghani (per tin) Rs 1,300-1,345, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 8,500, Soybean Refined Mill Delivery (Indore) Rs 7,400, Soybean Degum (Kandla) Rs 7,000, Crude Palm (Ex-Kandla) Rs 5,000, Cottonseed Mill Delivey (Haryana) Rs 6,600, Palmolein (RBD) Rs 6,450, Palmolein (Kandla) Rs 6,500 and Coconut (per tin) Rs 2,750-2,800.

Non-edible oils: Linseed Rs 8,800, Castor Rs 8,700-8,800, 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, December 07 2017. 14:15 IST
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