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Mustard, cottonseed oil eases on subdued demand

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Press Trust of India New Delhi
Prices of mustard and cottonseed oils eased up to Rs 100 per quintal at the wholesale oils and oilseeds market today owing to slackened demand against adequate stocks position.

However, other edible and non-edible oils moved in a narrow range in scattered deals and settled around previous levels.

Traders said sluggish demand from retailers against sufficient stocks position mainly kept pressure on mustard and cottonseed oil prices.

In the national capital, mustard expeller (Dadri) and cottonseed mill delivery (Haryana) oils eased by Rs 100 and Rs 50 to Rs 7,650 and Rs 5,800 per quintal respectively.

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 930-1,070.

Edible oils: Groundnut Mill Delivery (Gujarat) Rs 8,600, Groundnut Solvent Refined (per tin) Rs 1,400-1,450, Mustard expeller (Dadri) Rs 7,650, Mustard Pakki Ghani (per tin) Rs 1,250-1,300, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, sesame mill delivery Rs 7,450, Soyabean Refined Mill Delivery (Indore) Rs 6,750, Soyabean Degum (Kandla) Rs 6,450, Crude Palm Oil (Ex-Kandla) Rs 4,200, Cottonseed Mill Delivery (Haryana) Rs 5,800, Palmolein (RBD) Rs 5,750, Palmolein (Kandla) Rs 5,600 and Coconut (per tin) Rs 2,350-2,400.

Non-edible oils: Linseed Rs 8,400, Castor Rs 9,750-9,850, Neem Rs 5,350-5,450.

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First Published: Mar 09 2015 | 2:48 PM IST

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