You are here: Home » PTI Stories » National » News
Business Standard

Groundnut, mustard oil down on muted demand

Press Trust of India  |  New Delhi 

Prices of and mustard oils declined by up to Rs 100 per quintal at the wholesale oils and oilseeds market today owing to slackened demand from retailers.

However, non-edible oils held steady in thin trade.

Traders said low demand from retailers against adequate stocks position on pick up in arrivals from growing regions mainly kept pressure on and mustard oil prices.

In the national capital, mill delivery (Gujarat) oil fell further by Rs 100 to Rs 12,400 per quintal.

Groundnut solvent refined followed suit and traded lower by Rs 20 to Rs 1,900-1,950 per tin.

Mustard expeller (Dadri) oil also eased by Rs 50 to Rs 8,700 per quintal.

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 12,400,Groundnut Solvent Refined (per tin) Rs 1,900-1,950, Mustard expeller (Dadri) Rs 8,700, Mustard Pakki Ghani (per tin) Rs 1,350-1,395, Mustard Kachi Ghani (per tin) Rs 1,400-1,500,Sesame Mill delivery Rs 8,000, Soybean Refined Mill Delivery (Indore) Rs 6,650, Soybean Degum (Kandla) Rs 6,350, Crude Palm Oil (Ex-Kandla) Rs 4,550, Cottonseed Mill Delivery (Haryana) Rs 6,600, Palmolein (RBD) Rs 5,850, Palmolein (Kandla) Rs 5,900 and Coconut (per tin) Rs 1,700-1,750.

Non-edible oils: Linseed Rs 9,800, Castor Rs 9,750-9,850, Neem Rs 5,350-5,450.

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

First Published: Sat, October 15 2016. 14:28 IST