Palmolein, soyabean oils remain weak on sluggish demand

Prices of palmolein and soyabean oils fell further by Rs 100 per quintal on the wholesale oils and oilseeds market today sluggish demand against adequate supplies.
However, other edible and non-edible oils moved in a tight range in limited deals and settled around previous levels.
Marketmen said subdued demand retailers against adequate supplies from producing region mainly kept pressure on palmolein and soyabean oil prices.
In the national capital, palmolein (rbd) and palmolein (Kandla) oils fell further by Rs 100 each at Rs 6,100 and Rs 5,700 per quintal, respectively.
Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils also shed Rs 100 each to Rs 7,000 and Rs 6,700 per quintal respectively.

The following were 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) 7,200, Mustard Pakki Ghani (per tin) 1,280-1,360, Mustard Kachi Ghani (per tin) 1,365-1,465, Sunflower 6,300, Sesame Mill Delivery 11,400, Soybean Refined Mill Delivery (Indore) 7,000, Soyabean Degum (Kandla) 6,700, Crude Palm Oil (Ex-Kandla) 5,300, Cottonseed Mill Delivery (Haryana) 6,200, Palmolein (RBD) Rs 6,100, Palmolein (Kandla) 5,700, Rice Bran (phy) 3,800 and Coconut (per tin) 1,380-1,430.
Non-edible oils: Linseed 7,200, Mahuwa 4,000, Castor 9,400-9,500, Neem 5,200-5,300, 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.