Select edible oils fall on reduced offtake

Select edible oil prices fell upto Rs 100 per quintal on the wholesale oils and oilseeds market today due to reduced offtake by stockists as demand from retailers receded against higher supplies.
However, coconut oil found selective buying support along with higher advices from producing regions and ended higher.
Traders said reduced offtake by stockists in contrast to subdued demand from retailers, against higher supplies, mainly led to decline in select edible oil prices.
In the national capital, mustard expeller (Dadri) oil fell by Rs 100 to Rs 6,600, while palmolein (rbd) and palmolein (Kandla) oils traded lower by Rs 100 and Rs 50, Rs 6,200 and Rs 6000, per quintal respectively. Crude palm oil (ex-kandla) also moved down by Rs 100 to Rs 5,550 per quintal.

On the other hand, coconut oil traded sharply higher at Rs 2,650-2,780 per tin.
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) 1,060-1,290.
Edible oils: Groundnut Mill Delivery (Gujarat) 7,200, Groundnut Solvent Refined (per tin) 1,250-1,350, Mustard expeller (Dadri) 6,600, Mustard Pakki Ghani (per tin) 1,100-1,150, Mustard Kachi Ghani (per tin) 1,150-1,250,sesame mill delivery 9,000 Soybean Refined Mill Delivery (Indore) 6,900, Soyabean Degum (Kandla) 6,600, Crude Palm Oil (Ex-Kandla) 5,550, Cottonseed Mill Delivery (Haryana) 6,200, Palmolein (RBD) Rs 6,200, Palmolein (Kandla) 6,000 and Coconut (per tin) 2,650-2,780.
Non-edible oils: Linseed 7,700, Mahuwa 4,000, Castor 9,450-9,550, Neem 5,300-5,400.

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.