Groundnut oil declines on sluggish demand
In limited deals, groundnut oil prices declined by Rs 50 per quintal in the wholesale oils and oilseeds market today owing to reduced demand from millers.
Traders said fall in demand from millers at prevailing higher levels, mainly led to a decline in groundnut oil prices.
In the national capital, groundnut oil declined by Rs 50 to Rs 8,250 per quintal.
Following are today's quotations in Rs per quintal:
Oilseeds: mustard seed 2,525-2,655 and groundnut seed 2,100-2,850
Vanaspati ghee (15 litres tin) 815-910
Edible oils: Groundnut mill delivery (Gujarat) 8,250, groundnut Solvent refined (per tin) 1,400-1,410, Mustard Expeller (Dadri) 5,280, Mustard Pakki ghani (per tin) 720- 875, Mustard kachi ghani (per tin) 875-975
Sunflower 6,300, Sesame mill delivery 5,850, soybean Refined mill delivery (Indore) 4,740 Soyabean degum (Delhi) 4,540, Crude Palm Oil (Ex-kandla) 4,050, Cottonseed mill delivery (Haryana) 4,500, Palmolein (RBD) 4,850, Rice bran (phy) 3,750 and Coconut (per tin) 1,225-1,275
Non-edible oils: Linseed 4,100, Mahuwa 4,000, Castor 8,550-8,650, Neem 3,750-3,850, Rice bran 3,300-3,400 and palm fatty 3,225-3,300
Oilcakes: groundnut de-husk 800-850, sesame 950-1,150, Mustard (new) 1,000---1,025, Mustard 1,200-1,210 and Cottonseed 1,075-1,175