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Sesame oil declines on subdued demand

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Press Trust of India New Delhi
Sesame oil prices fell by Rs 100 per quintal in an otherwise steady wholesale oils and oilseeds market today owing to sluggish demand against adequate stocks position.

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

Traders said weak demand against sufficient stocks position mainly led to decline in sesame oil prices.

In the national capital, sesame mill delivery oil shed Rs 100 at Rs 9,200 per quintal.

The following were today's quotations per quintal:

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

Vanaspati Ghee (15-litre tin) 1,120-1,340.

Edible oils: Groundnut Mill Delivery (Gujarat) 7,500, Groundnut Solvent Refined (per tin) 1,900-1,950, Mustard expeller (Dadri) 7,400, Mustard Pakki Ghani (per tin) 1,290- 1,370, Mustard Kachi Ghani (per tin) 1,375-1,475, Sunflower 6,300, Sesame Mill Delivery 9,200, Soybean Refined Mill Delivery (Indore) 7,600, Soyabean Degum (Kandla) 7,400, Crude Palm Oil (Ex-Kandla) 5,750, Cottonseed Mill Delivery (Haryana) 6,425, Palmolein (RBD) Rs 7,000, Palmolein (Kandla) 6,650, Rice Bran (phy) 3,800 and Coconut (per tin)2,000-2,050.
 

Non-edible oils: Linseed 7,450, Mahuwa 4,000, Castor 9,450-9,550, Neem 5,300-5,400, Rice Bran 3,150-3,250 and Palm Fatty 3,200-3,300.

Oilcakes: Groundnut Dehusk 800-850, Sesame 950-1,150, Mustard (New) 1,000-1,025, Mustard 1,200-1,210 and Cottonseed 1,075-1,175.

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First Published: May 17 2014 | 2:45 PM IST

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