Select edible oils extend losses on easing demand

Select edible oils extended losses for the third day and prices fell up to Rs 100 per quintal at the wholesale oils and oilseeds market today due to sluggish demand against adequate stocks position.
However, non-edible oils remained flat in thin trade.
Traders said besides sluggish demand at current levels, adequate stocks position on increased supplies from producing regions kept pressure on select edible oil prices.
In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils fell by Rs 100 each to Rs 6,400 and Rs 6,100, while crude palm oil (ex-kandla) shed Rs 50 at Rs 4,300 per quintal respectively.

Coconut oil also eased by Rs 100 to Rs 2,450-2,475 per tin.
Following are today's quotations (in Rs per quintal):

Oilseeds: Mustard seed 2,950-3,050 and Groundnut Seed 2,150-2,900.
Vanaspati Ghee (15-litre tin) 960-1,130.
Edible oils: Groundnut Mill Delivery (Gujarat) 7,850, Groundnut Solvent Refined (per tin) 1,350-1,400, Mustard expeller (Dadri) 7,250, Mustard Pakki Ghani (per tin) 1,220- 1,270, Mustard Kachi Ghani (per tin) 1,270-1,370, sesame mill delivery 8,000, Soyabean Refined Mill Delivery (Indore) 6,400, Soyabean Degum (Kandla) 6,100, Crude Palm Oil (Ex-Kandla) 4,300, Cottonseed Mill Delivery (Haryana) 5,850, Palmolein (RBD) 5,650, Palmolein (Kandla) 5,450 and Coconut (per tin) 2,450-2,475.
Non-edible oils: Linseed 8,150, Castor 9,600-9,700, Neem 5,350-5,450.