Select edible oils down on sluggish demand

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Press Trust of India New Delhi
Last Updated : Jan 01 2016 | 3:42 PM IST
Select edible oil prices drifted up to Rs 100 per quintal at the wholesale oils and oilseeds market today owing to slackened demand from retailers and vanaspati millers.
Linseed oil, in the non-edible section, also traded lower due to lack of demand from consuming industries.
Traders said muted demand from retailers and vanaspati millers led to the decline in select edible oil prices.
They said reduced offtake by paint industries helped linseed oil to trade lower.
In the national capital, groundnut mill delivery (Gujarat) and mustard expeller (Dadri) oils were down by Rs 50 each to Rs 9,050 and Rs 8,750 per quintal, respectively.
Sesame mill delivery also eased by Rs 100 to Rs 7,400 per quintal.
In the non-edible section, linseed oil too declined by Rs 50 to Rs 9,050 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 9,050, Groundnut Solvent Refined (per tin) Rs 1,700-1,800, Mustard expeller (Dadri) Rs 8,750, Mustard Pakki Ghani (per tin) Rs 1,450-1,500, Mustard Kachi Ghani (per tin) Rs 1,500-1,600, Sesame Mill delivery Rs 7,400, Soyabean Refined Mill Delivery (Indore) Rs 6,600, Soyabean Degum (Kandla) Rs 6,300, Crude Palm Oil (Ex-Kandla) Rs 4,150, Cotton seed Mill Delivery (Haryana) Rs 5,800, Palmolein (RBD) Rs 5,300, Palmolein (Kandla) Rs 5,250 and Coconut (per tin) Rs 1,900-1,950.
Non-edible oils: Linseed Rs 9,050, Castor Rs 9,500-9,600, Neem Rs 5,350-5,450.
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First Published: Jan 01 2016 | 3:42 PM IST

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