Select edible oils turn weak on sluggish demand

Select edible oil prices fell by Rs 20 per quintal in the wholesale oils and oilseeds market today on fall in demand at existing higher levels.

Marketmen said fall in demand at existing higher levels led to a fall in wholesale edible oil prices.

In the edible section, soyabean refined mill delivery (Indore) and soyabean degum (Delhi) lost Rs 20 each to Rs 4,780 and Rs 4,580, while crude palm oil (ex-kandla) and palmolein (rbd) traded lower by the same margin at Rs 3,850 and Rs 4,490 per quintal.

Following are today's quotations in Rs per quintal:

Oilseeds: mustard seed 2,500-2,600 and groundnut seed 2,100-2,850
Vanaspati ghee (15 litres tin) 720-830

Edible oils: Groundnut mill delivery (Gujarat) 8,250, groundnut Solvent refined (per tin) 1,375-1,385, Mustard Expeller (Dadri) 5,250, Mustard Pakki ghani (per tin) 700-855, Mustard kachi ghani (per tin) 855-955, Sunflower 6,300, Sesame mill delivery 5,870

soybean Refined mill delivery (Indore) 4,780 Soyabean degum (Delhi) 4,580, Crude Palm Oil (Ex-kandla) 3,850, Cottonseed mill delivery (Haryana) 4,500, Palmolein (RBD) 4,490, Rice bran (phy) 3,750 and Coconut (per tin) 1,070-1,100

Non-edible oils: Linseed 4,050, Mahuwa 4,000, Castor 7,600-7,700, Neem 3,700-3,800, 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) 1,025-1,050, Mustard 1,200-1,210 and Cottonseed 1,075-1,175