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Select edible oils fall on sluggish demand

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Press Trust of India New Delhi
Select edible oil prices drifted up to Rs 200 per quintal on the wholesale oils and oilseeds market today as demand declined due to rising mercury.

Castor oil in the non-edible section also eased on reduced offtake by consuming industries.

Traders said reduced offtake by stockists as demand generally declined due to rising mercury, led to a fall in select edible oil prices.

In the national capital, groundnut mill delivery (Gujarat) oil fell by Rs 100 to Rs 7,150 per quintal.

Sesame mill delivery and crude palm oil (ex-kandla) oils dropped by Rs 200 each to Rs 8,600 and Rs 5,250 per quintal respectively.
 

In the non-edible section, castor oil declined by Rs 50 to Rs 9,400-9,500 per quintal.

Following are today's quotations per quintal:

Oilseeds: Mustardseed 2,950-3,050 and Groundnut Seed 2,150-2,900.

Vanaspati Ghee (15-litre tin) 1,060-1,290.

Edible oils: Groundnut Mill Delivery (Gujarat) 7,150, Groundnut Solvent Refined (per tin) 1,250-1,300, Mustard expeller (Dadri) 6,450, Mustard Pakki Ghani (per tin) 1,100-1,150, Mustard Kachi Ghani (per tin) 1,150-1,250,sesame mill delivery 8,600

Soybean Refined Mill Delivery (Indore) 6,800, Soyabean Degum (Kandla) 6,500, Crude Palm Oil (Ex-Kandla) 5,250, Cottonseed Mill Delivery (Haryana) 6,050, Palmolein (RBD) Rs 6,000, Palmolein (Kandla) 5,800 and Coconut (per tin) 2,650-2,740.

Non-edible oils: Linseed 7,700, Castor 9,450-9,550, Neem 5,300-5,400.

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First Published: Jun 10 2014 | 3:38 PM IST

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