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Groundnut, palmolein oils soften on sluggish demand

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Press Trust of India New Delhi
Prices of groundnut and palmolein oil prices fell by Rs 100 per quintal at the at the wholesale oils and oilseeds market today.

Traders said easing demand from retailers against adequate stocks position weighed on groundnut and palmolein oil prices.

In the national capital, groundnut mill delivery (Gujarat) oil declined by Rs 100 to Rs 8,700 per quintal.

Palmolein (RBD) and palmolein (Kandla) oils also eased by Rs 100 each to Rs 6,800 and Rs 6,850 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 8,700, Groundnut Solvent Refined (per tin) Rs 1,700-1,800, Mustard expeller (Dadri) Rs 8,000, Mustard Pakki Ghani (per tin) Rs 1,300-1,345, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 8,800, Soybean Refined Mill Delivery (Indore) Rs 7,850, Soybean Degum (Kandla) Rs 7,450, Crude Palm Oil (Ex-Kandla) Rs 5,400, Cottonseed Mill Delivery (Haryana) Rs 6,900, Palmolein (RBD) Rs 6,800, Palmolein (Kandla) Rs 6,850 and Coconut (per tin) Rs 3,100-3,150.

Non-edible oils: Linseed Rs 9,250, Castor Rs 7,800-7,900, Neem Rs 5,350-5,450.

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Mar 10 2018 | 2:40 PM IST

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