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Edible oils prices remain mixed this week

Press Trust of India  |  New Delhi 

Mixed conditions continued for the second straight week at the wholesale and oilseeds market as prices of drifted lower owing to muted demand from millers against adequate stocks position.

However, a few others edged up on scattered enquiries from retailers.

in the non-edible section, eased on reduced offtake by consuming industries.

Traders said besides easing demand from millers, ample stocks position on increased arrivals from producing belts kept pressure on prices, but mild demand from retailers helped a few others to end higher.

In the national capital, groundnut mill delivery (Gujarat) oil fell by Rs 100 to Rs 8,200 per quintal.

Palmolein (RBD) and palmolein (Kandla) oils also declined by Rs 50 each to Rs 7,200 and Rs 7,250 per quintal, respectively.

On the other hand, sesame mill delivery and mustard expeller (Dadri) oils rose by Rs 200 and Rs 50 to Rs 9,500 and Rs 7,700 per quintal respectively.

In the non-edible section, slipped by Rs 100 to Rs 7,100-7,200 per quintal.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, June 09 2018. 12:30 IST