Select edible oil prices fell by Rs 20 per quintal in the wholesale oils and oilseeds market today on sluggish demand at existing higher levels.
Trading sentiment weakened after palm oil futures fell in Malaysia, tracking losses in Chicago soybeans.
Meanwhile, palm oil futures for the August-delivery contract dropped 0.8 per cent to USD 750 a metric tonne on the Malaysia Derivatives Exchange.
Marketmen said sluggish demand against adequate stocks position amid weakening global trend mainly led to a fall in select wholesale edible oil prices.
In the edible section, soyabean refined mill delivery (Indore) and soyabean degum (Delhi) declined by Rs 20 each to Rs 4,530 and Rs 4,380, while crude palm oil (ex-kandla) and palmolein (rbd) traded lower by the same margin at Rs 3,730 and Rs 4,220 per quintal.
Following are today's quotations in Rs per quintal:
Oilseeds: mustard seed 2,500-2,600 and groundnut seed 2,100-2,850.
Vanaspati ghee (15 litres tin) 720-830.
Edible oils: Groundnut mill delivery (Gujarat) 7,100, groundnut Solvent refined (per tin) 1,160-1,170, Mustard Expeller (Dadri) 4,670, Mustard Pakki ghani (per tin) 660-815, Mustard kachi ghani (per tin) 815-915, Sunflower 6,300, Sesame mill delivery 5,800, Soybean Refined mill delivery (Indore) 4,530 Soyabean degum (Delhi) 4,380, Crude Palm Oil (Ex-kandla) 3,730, Cottonseed mill delivery (Haryana) 4,100, Palmolein (RBD) 4,220, Rice bran (phy) 3,750 and Coconut (per tin) 960-990.
Non-edible oils: Linseed 4,000, Mahuwa 4,000, Castor 6,800-6,900, Neem 3,600-3,700, Rice bran 3,200-3,300 and palm fatty 3,225-3,300.
Oilcakes: groundnut de-husk 800-850, sesame 950-1,150, Mustard (new) 1,025-1,050, Mustard 1,200-1,210 and Cottonseed 1,075-1,175.
