Edible oils throw up a mix trend

The oils and oilseeds market displayed a mixed trend during the week as select edible oil prices strengthened on scattered buying while a few other declined on easing demand.
However, non-edible oils moved in a narrow range in limited deals and settled around previous levels.
Markets were closed on Thursday on account of 'Dussehra'.
Traders said some buying by vanaspati millers and retailers helped select edible oil prices strengthen.
They said adequate stock position against easing demand at prevailing levels kept other prices lower.
In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils rose by Rs 50 each to Rs 6,750 and Rs 6,450 per quintal, respectively.

Coconut oil, which remained steady for the major part of week, met with fag-end buying and went up by Rs 100 to Rs 2,150-2,200 per tin.

On the other hand, groundnut mill delivery (Gujarat) oil fell by Rs 100 to Rs 9,000 per quintal while groundnut solvent refined held steady at Rs 1,700-1,750 per tin.
Palmolein (rbd) and palmolein (Kandla) oils eased by Rs 50 and Rs 30 to Rs 5,650 and Rs 5,600 per quintal, respectively.
Mustard expeller (Dadri), sesame and cottonseed mill delivery (Haryana) oils moved in a narrow range in scattered buying or selling and finished at last levels of Rs 8,100, Rs 8,000 and Rs 6,000 per quintal, respectively.

In the non-edible section, linseed and castor oils traded in a tight range in limited deals from consuming industries and ended the week flat at Rs 8,700 and Rs 9,900-10,000 per quintal, respectively.