Mustard oil weakens on sluggish local demand

Image
Press Trust of India New Delhi
Last Updated : May 17 2018 | 2:25 PM IST

In restricted activity, mustard oil prices receded by Rs 50 per quintal at the wholesale oils and oilseeds market today.

However, other edible and non-edible oils moved in a narrow range in limited deals and pegged at last levels.

Traders said easing local demand due to rising mercury against sufficient stocks position, led to decline in mustard oil prices.

Meanwhile, vegetable oils import rose by 3.5 per cent in
Imports of vegetable oils (edible oil and non-edible oil)
stood at 13.39 lakh tonnes in April 2017, according to Solvent
In the national capital, mustard expeller (Dadri) oil shed
Following are today's quotations (in Rs per quintal):

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First Published: May 17 2018 | 2:25 PM IST

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