Mustard, soyabean oils decline on sluggish demand

Prices of mustard and soyabean oil prices drifted by up to Rs 100 per quintal at the wholesale oils and oilseeds market today owing to slackened demand from retailers.
However, other edible and non-edible oils remained steady in limited deals.
Traders said subdued demand from vanaspati millers against adequate stocks position kept pressure on mustard and soyabean oil prices.
In the national capital, mustard expeller (Dadri) oil fell by Rs 100 to Rs 8,000 per quintal. Mustard pakki and kachi ghani oils followed suit and traded lower by Rs 50 each to Rs 1,250-1,300 and Rs 1,300-1,400 per tin, respectively.

Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils also eased by Rs 50 each to Rs 6,450 and Rs 6,150 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 800-1,000.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 9,300, Groundnut Solvent Refined (per tin) Rs 1,700-1,800, Mustard expeller (Dadri) Rs 8,000, Mustard Pakki Ghani (per tin) Rs 1,250-1,300, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, Sesame Mill delivery Rs 6,600, Soybean Refined Mill Delivery (Indore) Rs 6,450, Soybean Degum (Kandla) Rs 6,150, Crude Palm Oil (Ex-Kandla) Rs 4,200, Cotton seed Mill Delivery (Haryana) Rs 5,550, Palmolein (RBD) Rs 5,500, Palmolein (Kandla) Rs 5,450 and Coconut (per tin) Rs 1,800-1,850.

Non-edible oils: Linseed Rs 9,100, Castor Rs 9,300-9,400, Neem Rs 5,350-5,450.