Palmolein oils remain weak on subdued demand

Palmolein oil remained weak and prices declined further by Rs 100 per quintal in an otherwise steady wholesale oils and oilseeds market today on sustained selling by stockists on subdued demand.
Elsewhere, other edible and non-edible oils moved in a tight range in limited deals and settled around previous levels.
Marketmen said sustained selling by stockists on subdued demand mainly kept pressure on palmolein oil prices.
In the national capital, palmolein (rbd) and palmolein (Kandla) oils fell further by Rs 100 each to Rs 6,300 and Rs 5,900 per quintal, respectively.
The following are today's quotations per quintal:
Oilseeds: Mustardseed 2,950-3,050 and Groundnut Seed 2,150-2,900.

Vanaspati Ghee (15-litre tin) 1,160-1,290.

Edible oils: Groundnut Mill Delivery (Gujarat) 7,900, Groundnut Solvent Refined (per tin) 1,950-2,000, Mustard expeller (Dadri) 7,250, Mustard Pakki Ghani (per tin) 1,280-1,360, Mustard Kachi Ghani (per tin) 1,365-1,465, Sunflower 6,300, Sesame Mill Delivery 11,500, Soybean Refined Mill Delivery (Indore) 7,200, Soyabean Degum (Kandla) 6,900, Crude Palm Oil (Ex-Kandla) 5,150, Cottonseed Mill Delivery (Haryana) 6,100, Palmolein (RBD) Rs 6,300, Palmolein (Kandla) 5,900, Rice Bran (phy) 3,800 and Coconut (per tin) 1,380-1,430.
Non-edible oils: Linseed 7,350, Mahuwa 4,000, Castor 9,300-9,400, Neem 5,250-5,350, Rice Bran 3,170-3,270 and Palm Fatty 3,225-3,300.
Oilcakes: Groundnut Dehusk 800-850, Sesame 950-1,150, Mustard (New) 1,000-1,025, Mustard 1,200-1,210 and Cottonseed 1,075-1,175.