Mustard oil softens on subdued local demand
In restricted activities, mustard oil prices drifted lower by Rs 50 per quintal owing to sluggish local demand.
However, other edible and non-edible oils moved in a narrow range in scattered deals and settled around overnight levels.
Traders said sluggish local demand against ample stocks position, mainly weighed on mustard oil prices.
In the national capital, mustard expeller (Dadri) oil shed Rs 50 to Rs 7,650 per quintal. Mustard pakki ghani and kachi ghani also quoted lower by Rs 25 each to Rs 1,275-1,320 and Rs 1,325-1,425 per tin, respectively.
Following are today's quotations (in Rs per quintal):
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