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Cottonseed oil softens, hurt by low demand

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Press Trust of India New Delhi
In restricted activity, cottonseed oil prices fell by Rs 50 per quintal, dragged down by low demand from vanaspati millers against adequate stocks position.

However, other edible and non-edible oils traded in a tight range in limited deals and settled around previous levels.

Traders said fall in demand against adequate stocks, mainly led to decline in cottonseed oil prices.

In the national capital, cottonseed mill delivery (Haryana) oil eased by Rs 50 to Rs 5,750 per quintal.

Following are today's quotations (in Rs per quintal):

Oilseeds: Mustardseed Rs 2,950-3,050 and Groundnutseed Rs 2,150-2,900. Vanaspati Ghee (15-litre tin) Rs 850-1,065.

Edible oils: Groundnut Mill Delivery (Gujarat) Rs 8,900, Groundnut Solvent Refined (per tin) Rs 1,650-1,700, Mustard expeller (Dadri) Rs 7,550, Mustard Pakki Ghani (per tin) Rs 1,270-1,320, Mustard Kachi Ghani (per tin) Rs 1,320-1,420, sesame mill delivery Rs 8,000, Soyabean Refined Mill Delivery (Indore) Rs 6,550, Soyabean Degum (Kandla) Rs 6,250, Crude Palm Oil (Ex-Kandla) Rs 4,200, Cottonseed Mill Delivery (Haryana) Rs 5,750, Palmolein (RBD) Rs 5,500, Palmolein (Kandla) Rs 5,400 and Coconut (per tin) Rs 2,225-2,250.
 

Non-edible oils: Linseed Rs 8,450, Castor Rs 9,800-9,900, Neem Rs 5,350-5,450.

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First Published: Aug 04 2015 | 2:57 PM IST

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