Groundnut, crude palm oil decline on low demand

Groundnut mill delivery and crude palm oil prices fell up to Rs 50 per quintal at the wholesale oils and oilseeds market today due to fall in demand from mills amid weak trend overseas.
However, other edible and non-edible oils after moving in a tight range on scattered activity, settled around previous levels.
Traders attributed fall in select edible oil prices to muted demand and a weak trend overseas.
In the national capital, groundnut mill delivery (Gujarat) fell Rs 50 to Rs 9,000 per quintal, while groundnut solvent refined shed Rs 10 to Rs 1,690-1740 per tin.
Crude palmoil (ex-kandla) fell Rs 50 to Rs 4,150 per quintal largely in tune with weak trend overseas.

Following are today's quotations (in Rs per quintal):

Oilseeds: Mustard seed Rs 2,950-3,050 and Groundnut Seed Rs 2,150-2,900. Vanaspati Ghee (15-litre tin) Rs 850-1,065.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 9,000, Groundnut Solvent Refined (per tin) Rs 1,690-1,740, Mustard expeller (Dadri) Rs 8,750, Mustard Pakki Ghani (per tin) Rs 1,520-1,570, Mustard Kachi Ghani (per tin) Rs 1,570-1,670, Sesame Mill delivery Rs 7,900, Soyabean Refined Mill Delivery (Indore) Rs 6,600, Soyabean Degum (Kandla) Rs 6,300, Crude Palm Oil (Ex-Kandla) Rs 4,150, Cottonseed Mill Delivery (Haryana) Rs 5,900, Palmolein (RBD) Rs 5,450, Palmolein (Kandla) Rs 5,400 and Coconut (per tin) Rs 2,050-2,100.

Non-edible oils: Linseed Rs 9,000, Castor Rs 9,800-9,900, Neem Rs 5,350-5,450.