Mustard, soyabean oils slide on low demand

Prices of mustard and soyabean oil fell by Rs 100 per quintal at the wholesale oils and oilseeds market today owing to slackened demand.
Castor oil in the non-edible section, also eased on reduced offtake by consuming industries.
Traders said subdued demand from retailers mainly attributed the slide in mustard and soyabean oil prices.
In the national capital,mustard expeller (Dadri) oil declined by Rs 100 to Rs 8,000 per quintal.
Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils also enquired lower by a similar margin to Rs 7,400 and Rs 7,000 per quintal respectively.
In the non-edibls section, castor oil too finished lower by Rs 100 to Rs 8,700-8,800 per quintal.

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 9,200, Groundnut Solvent Refined (per tin) Rs 1,650-1,750, Mustard expeller (Dadri) Rs 8,000, Mustard Pakki Ghani (per tin) Rs 1,300-1,345, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 8,500, Soybean Refined Mill Delivery (Indore) Rs 7,400, Soybean Degum (Kandla) Rs 7,000, Crude Palm Oil (Ex-Kandla) Rs 5,000, Cottonseed Mill Delivey (Haryana) Rs 6,600, Palmolein (RBD) Rs 6,450, Palmolein (Kandla) Rs 6,500 and Coconut (per tin) Rs 2,750-2,800.

Non-edible oils: Linseed Rs 8,800, Castor Rs 8,700-8,800, Neem Rs 5,350-5,450.