Sesame, cottonseed oils extend weakness on low demand

Prices of sesame and cottonseed oils fell further by Rs 50 per quintal at the wholesale oils and oilseeds market today due to reduced offtake by stockists amid sluggish demand against adequate stocks position.
However, non-edible oils moved in a narrow range in limited deals and settled around previous levels.
Traders said reduced offtake by stockists due to subdued demand from retailers against sufficient stocks position mainly kept pressure on sesame and cottonseed oil prices.
In the national capital, Sesame mill delivery and cottonseed mill delivery (Haryana) oils fell further by Rs 50 each to Rs 8,100 and Rs 5,900 per quintal, respectively.

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) 7,750, Groundnut Solvent Refined (per tin) 1,350-1,400, Mustard expeller (Dadri) 7,150, Mustard Pakki Ghani (per tin) 1,200- 1,250, Mustard Kachi Ghani (per tin) 1,250-1,350, sesame mill delivery 8,100, Soyabean Refined Mill Delivery (Indore) 6,650, Soyabean Degum (Kandla) 6,350, Crude Palm Oil (Ex-Kandla) 4,600, Cottonseed Mill Delivery (Haryana) 5,900, Palmolein (RBD) 5,850, Palmolein (Kandla) 5,650 and Coconut (per tin) 2,600-2,650.
Non-edible oils: Linseed 8,150, Castor 9,600-9,700, Neem 5,350-5,450.