Groundnut, refined soya oils decline on low demand

Groundnut and soyabean refined mill delivery oils weakened at the wholesale oils and oilseeds market in the national capital today owing to slowdown in buying by millers as well as retailers and prices fell by up to Rs 30 per quintal.
Movements in other edible and non-edible oils remained restricted due to absence of any worthwhile activity and finally settled at their previous closing levels.
Marketmen said slackened demand from millers and retailers at existing levels, mainly led to the fall in select edible oil prices.
In the edible section, groundnut mill delivery (Gujarat) edged lower by Rs 20 to Rs 9,000 per quintal, while groundnut solvent refined (per tin) shed Rs 10 at Rs 1,670-1,720.

Soyabean refined mill delivery (Indore) and soyabean degum (kandla) shed Rs 30 each at Rs 6,640 and Rs 6,340 per quintal, respectively.
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 9,020, Groundnut Solvent Refined (per tin) Rs 1,670-1,720, Mustard expeller (Dadri) Rs 7,960, Mustard Pakki Ghani (per tin) Rs 1,345-1,395, Mustard Kachi Ghani (per tin) Rs 1,385-1,485, Sesame Mill delivery Rs 7,900, Soyabean Refined Mill Delivery (Indore) Rs 6,640, Soyabean Degum (Kandla) Rs 6,340, Crude Palm Oil (Ex-Kandla) Rs 4,230, Cottonseed Mill Delivery (Haryana) Rs 5,900, Palmolein (RBD) Rs 5,620, Palmolein (Kandla) Rs 5,550 and Coconut (per tin) Rs 2,050-2,100.

Non-edible oils: Linseed Rs 8,600, Castor Rs 9,890-9,990, Neem Rs 5,350-5,450.