Select edible oils slide on subdued demand

Select edible oil prices fell up to Rs 200 per quintal at the wholesale oils and oilseeds market today on subdued demand against sufficient supplies.
A few oils in the non-edible section also eased on lack of demand from consuming industries.
Traders said subdued demand against sufficient supplies from producing areas mainly kept pressure on select edible oil prices.
In the national capital, sesame mill delivery oil fell further by Rs 200 to Rs 10,600 per quintal.
Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils also declined by Rs 50 each to Rs 7,400 and Rs 7,150 per quintal, respectively.

Palmolein (rbd) and palmolein (Kandla) oils also traded in the negative zone with loss of Rs 50 each to Rs 6,650 and Rs 6,300 per quintal, respectively.
In the non-edible section, linseed and castor oils traded lower by Rs 50 each to Rs 7,500 and Rs 9,450-9,550 per quintal, respectively.