Edible oils remain weak on subdued demand

Edible oils remained weak and prices fell further up to Rs 100 per quintal at the wholesale oils and oilseeds market today on slackened demand from retailers and stockists against sufficient supplies.
In the non-edible section, linseed oil also eased on lack of demand from paint industries.
Traders said easing demand from retailers and stockists amidst adequate stocks position mainly kept pressure on edible oil prices.
In the national capital, groundnut mill delivery (Gujarat) and mustard expeller (Dadri) oils fell by Rs 100 and Rs 50 to Rs Rs 7,500 and Rs 7,000 per quintal, respectively.
Cottonseed mill delivery (Haryana) and sesame mill delivery oils also lost Rs 100 each at Rs 6,150 and Rs 8,400 per quintal, respectively.

In line with a general weak trend, palmolein (rbd) and palmolein (Kandla) oils shed Rs 50 each to Rs 6,100 and Rs 5,900, while crude palm oil (ex-kandla) traded lower by Rs 100 to Rs 5,100 per quintal, respectively.

Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils followed suit and moved down by Rs 100 each to Rs 6,600 and Rs 6,300 per quintal, respectively.
In the non-edible section, linseed oil declined by Rs 50 to Rs 7,800 per quintal.
Following are today's quotations (in Rs per quintal):
Oilseeds: Mustard seed 2,950-3,050 and Groundnut Seed 2,150-2,900.
Vanaspati Ghee (15-litre tin) 1,140-1,250.

Edible oils: Groundnut Mill Delivery (Gujarat) 7,500, Groundnut Solvent Refined (per tin) 1,300-1,375, Mustard expeller (Dadri) 7,000, Mustard Pakki Ghani (per tin) 1,225-1,275, Mustard Kachi Ghani (per tin) 1,275-1,375, sesame mill delivery 8,400, Soyabean Refined Mill Delivery (Indore) 6,600, Soyabean Degum (Kandla) 6,300, Crude Palm Oil (Ex-Kandla) 5,100, Cottonseed Mill Delivery (Haryana) 6,150, Palmolein (RBD) Rs 6,100, Palmolein (Kandla) 5,900 and Coconut (per tin) 2,650-2,700.
Non-edible oils: Linseed 7,800, Castor 9,650-9,750, Neem 5,350-5,450.