Palmolein, soyabean oils slide on slack demand

Select edibles oils,palmolein and soyabean, drifted by Rs 50 per quintal at the wholesale market today owing to sluggish demand from retailers.
Castor oil in the non-edible section, also eased on reduced offtake by consuming industries.
Traders said slackened demand from retailers led to fall in palmolein and soyabean oil prices.
In the national capital, palmolein (rbd) and palmolein (Kandla) oils shed Rs 50 each at Rs 5,450 and Rs 5,400 per quintal respectively.
Soyabean refined mill delivery (Indore) and soyabean degum (kandla) oils also eased by a similar margin to Rs 6,600 and Rs 6,300 per quintal respectively.
Among non-edible oils, castor declined by Rs 50 to Rs 9,700-9,800 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 850-1,065.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 9,100, Groundnut Solvent Refined (per tin) Rs 1,700-1,750, Mustard expeller (Dadri) Rs 9,050, Mustard Pakki Ghani (per tin) Rs 1,550-1,600, Mustard Kachi Ghani (per tin) Rs 1,600-1,700, Sesame Mill delivery Rs 7,800, Soyabean Refined Mill Delivery (Indore) Rs 6,600, Soyabean Degum (Kandla) Rs 6,300, Crude Palm Oil (Ex-Kandla) Rs 4,200, Cottonseed Mill Delivery (Haryana) Rs 5,850, Palmolein (RBD) Rs 5,450, Palmolein (Kandla) Rs 5,400 and Coconut (per tin) Rs 1,950-2,000.

Non-edible oils: Linseed Rs 9,100, Castor Rs 9,700-9,800, Neem Rs 5,350-5,450.