Soyabean oil prices slide on muted demand

In a restricted activity, soyabean oil prices drifted by Rs 50 per quintal at the wholesale oils and oilseeds market today due to tepid demand from retailers.
However, other edible and non-edible oils moved in a narrow range in scattered deals and settled around previous levels.
Traders attributed the fall in soyabean oil prices to subdued demand against adequate stocks position.
In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils were down by Rs 50 each to Rs 6,700 and Rs 6,400 per quintal respectively.
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 800-1,000.

Edible oils: Groundnut Mill Delivery (Gujarat) Rs 10,600,Groundnut Solvent Refined (per tin) Rs 1,825-1,925, Mustard expeller (Dadri) Rs 8,200, Mustard Pakki Ghani (per tin) Rs 1,300-1,345, Mustard Kachi Ghani (per tin)
Rs 1,350-1,450, Sesame Mill delivery Rs 8,100, Soybean Refined Mill Delivery (Indore) Rs 6,700, Soybean Degum (Kandla) Rs 6,400, Crude Palm Oil (Ex-Kandla) Rs 4,700, Cottonseed Mill Delivery (Haryana) Rs 6,600, Palmolein (RBD) Rs 5,550, Palmolein (Kandla) Rs 5,600 and Coconut (per tin) Rs 1,950-2,000.
Non-edible oils: Linseed Rs 9,800, Castor Rs 9,700-9,800,Neem Rs 5,350-5,450.