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Palmolein oil, mustard ease on muted demand

Press Trust of India  |  New Delhi 

Prices of palmolein and oils drifted lower by Rs 50 per at the wholesale oils and oilseeds market today on subdued demand from retailers.

In the non-edible section, eased on reduced offtake by consuming industries.

Traders attributed the slide in palmolein and oils prices to subdued demand from retailers.

In the national capital, palmolein (RBD) and palmolein (Kandla) oils were down by Rs 50 each to Rs 7,150 and Rs 7,200 per quintal, respectively.

expeller (Dadri) oils traded lower by a similar margin to Rs 7,650 per

Among non-edible oils, traded lower by Rs 100 to Rs 7,000-7,100 per

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 8,200, Groundnut Solvent Refined (per tin) Rs 1,700-1,800, Mustard expeller (Dadri) Rs 7,650, Mustard Pakki Ghani (per tin) Rs 1,275-1,320, Mustard Kachi Ghani (per tin) Rs 1,325-1,425, Sesame Mill Delivery Rs 9,500, Soybean Refined Mill Delivery (Indore) Rs 7,600, Rs 7,200, Crude Palm Oil (Ex-Kandla) Rs 5,500, Cottonseed Mill Delivery (Haryana) Rs 7,200, Palmolein (RBD) Rs 7,150, Palmolein (Kandla) Rs 7,200 and Coconut (per tin) Rs 3,100-3,150.

Non-edible oils: Linseed Rs 8,900, Castor Rs 7,000-7,100, 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: Mon, June 11 2018. 14:40 IST