Mustard, cottonseed oils decline on sluggish demand

Prices of mustard and cottonseed oils fell up to Rs 100 per quintal at the wholesale oils and oilseeds market today on lower demand against adequate supplies from producing belts.
However, other edible and non-edible oils continued to move in tight range in scattered deals and settled around previous levels.
Traders said besides lower demand from retailers, adequate stocks position on higher supplies from producing belts mainly led to the fall in mustard and cottonseed oil prices.
In the national capital, mustard expeller (Dadri) and cottonseed mill delivery (Haryana) oils were down by Rs 100 and Rs 50 to Rs 7,100 and Rs 5,450 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 930-1,070.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 8,700, Groundnut Solvent Refined (per tin) Rs 1,500-1,550, Mustard expeller (Dadri) Rs 7,100, Mustard Pakki Ghani (per tin) Rs 1,200-1,250, Mustard Kachi Ghani (per tin) Rs 1,250-1,350, sesame mill delivery Rs 7,400, Soyabean Refined Mill Delivery (Indore) Rs 6,600, Soyabean Degum (Kandla) Rs 6,300, Crude Palm Oil (Ex-Kandla) Rs 4,100, Cottonseed Mill Delivery (Haryana) Rs 5,450, Palmolein (RBD) Rs 5,500, Palmolein (Kandla) Rs 5,350 and Coconut (per tin) Rs 2,350-2,400.

Non-edible oils: Linseed Rs 8,300, Castor Rs 9,600-9,700, Neem Rs 5,350-5,450.