Mustard oil slips on weak domestic demand

In restricted activity, mustard oil prices declined by Rs 50 per quintal at the wholesale oils and oilseeds market today owing to slackened demand.

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

Traders attributed the slide in mustard oil prices to easing local demand against sufficient stocks position.

In the national capital, mustard expeller (Dadri) oil shed Rs 50 to Rs 8,200 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 9,200, Groundnut Solvent Refined (per tin) Rs 1,750-1,850, Mustard expeller (Dadri) Rs 8,200, Mustard Pakki Ghani (per tin) Rs 1,295-1,340, Mustard Kachi Ghani (per tin) Rs 1,345-1,445, Sesame mill delivery Rs 10,200, Soybean Refined mill

delivery (Indore) Rs 7,650, Soybean Degum (Kandla) Rs 7,250, Crude Palm Oil (Ex-Kandla) Rs 5,500, Cottonseed mill delivery (Haryana) Rs 7,700, Palmolein (RBD) Rs 6,700, Palmolein (Kandla) Rs 6,750 and Coconut (per tin) Rs 3,100-3,150.

 

Non-edible oils: Linseed Rs 9,500, Castor Rs 7,500-7,600, Neem Rs 5,350-5,450.