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Soyabean oil declines in thin trade

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Press Trust of India New Delhi

In restricted activity, soyabean oil prices declined by Rs 30 per quintal in the wholesale oils and oilseeds market today on subdued demand along with lower advices from Malaysia.

Traders said subdued demand along with lower advices from Malaysia mainly led to the decline in soyabean oil prices.   

In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils lost Rs 30 each to Rs 6,100 and Rs 5,750 per quintal, respectively. 

Following are today's quotations in Rs per quintal:

Oilseeds: mustard seed 2,525-2,655 and groundnut seed 2,100-2,850
Vanaspati ghee (15 litres tin) 1,065-1,140

Edible oils: Groundnut mill delivery (Gujarat) 8,000, groundnut Solvent refined (per tin) 1,350-1,360, Mustard Expeller (Dadri) 5,400, Mustard Pakki ghani (per tin) 760-915, Mustard kachi ghani (per tin) 915-1,015, Sunflower 6,300

 

Sesame mill delivery 6,200, soybean Refined mill delivery (Indore) 6,100, Soyabean degum (Kandla) 5,750, Crude Palm Oil (Ex-kandla) 5,200, Cottonseed mill delivery (Haryana) 5,470, Palmolein (RBD) Rs 5,720 Palmolein (Kandla) 5,420, Rice bran (phy) 3,750 and Coconut (per tin) 1,600-1,660

Non-edible oils: Linseed 4,550, Mahuwa 4,000, Castor 8,500-8,600, Neem 4,000-4,100, Rice bran 3,300-3,400 and palm fatty 3,225-3,300

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

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First Published: Apr 30 2011 | 2:40 PM IST

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