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Mustard oil slips on low demand

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Press Trust of India New Delhi

Mustard oil prices fell by Rs 100 per quintal at the wholesale oils and oilseeds market today on easing demand.

However, other edible and non-edible oils moved in a narrow range in limited deals and pegged at the last levels.

Traders said easing local demand against adequate stocks position, mainly weighed on mustard oil prices.

In the national capital, mustard expeller (Dadri) oil drifted lower by Rs 100 to Rs 8,000 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 1,750-1,850,

Mustard expeller (Dadri) Rs 8,000, Mustard Pakki Ghani (per tin) Rs 1,295-1,340, Mustard Kachi Ghani (per tin) Rs 1,345-1,445, Sesame mill delivery Rs 10,000, Soybean Refined mill delivery (Indore) Rs 7,600, Soybean Degum (Kandla) Rs 7,200, Crude Palm Oil (Ex-Kandla) Rs 5,500, Cottonseed mill delivery (Haryana) Rs 7,600, Palmolein (RBD) Rs 6,800, Palmolein (Kandla) Rs 6,850 and Coconut (per tin) Rs 3,100-3,150.

 

Non-edible oils: Linseed Rs 9,500, Castor Rs 7,700-7,800, Neem Rs 5,350-5,450.

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

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First Published: Jul 31 2018 | 2:25 PM IST

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