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Select edible oils slip in mixed trade

Press Trust of India  |  New Delhi 

The wholesale oils and oilseeds market depicted a mixed trend during the week as select edible oils drifted down on adequate stocks position against reduced offtake by millers, while a few others edged up on scattered enquiries from retailers. in the non-edible oils section, slipped on reduced offtake by consuming industries. Marketmen said adequate stocks position on increased supplies from producing regions against easing demand kept pressure on select edible prices but mild demand from retailers helped other edible prices to end higher. In the national capital, groundnut mill delivery (Gujarat) fell by Rs 300 to Rs 8,800 per quintal. Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils 50 each to Rs 7,600 and Rs 7,200 per quintal, respectively. On the other hand, sesame mill delivery and cottonseed mill delivery (Haryana) oils rose by Rs 50 each to Rs 8,750 and Rs 6,850 per quintal respectively. Palmolein (RBD) and palmolein (Kandla) oils also edged up by a similar margin to Rs 6,350 and Rs 6,400 per quintal respectively. In the non-edible section, eased by Rs 100 to Rs 8,200-8,300 per quintal.

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

First Published: Sat, February 10 2018. 13:45 IST
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