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Groundnut oil softens on muted demand

Press Trust of India  |  New Delhi 

prices declined by Rs 100 per in an otherwise steady wholesale oils and oilseeds market today on subdued demand from retailers against adequate stocks position.

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

Traders said easing demand from retailers against adequate stocks position, mainly attributed the slide in prices.

In the national capital, mill delivery (Gujarat) 100 to Rs 8,400 per

Following are today's quotations (in Rs per quintal):

Oilseeds: Mustard seed Rs 2,950-3,050 and seed Rs 2,150-2,900. Vanaspati Ghee (15-litre tin) Rs 800-1,000.

Edible oils: Mill Delivery (Gujarat) Rs 8,400, Solvent Refined (per tin) Rs 1,700-1,800, Mustard expeller (Dadri) Rs 7,900, Mustard Pakki Ghani (per tin) Rs 1,300-1,345, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 8,900, Soybean Refined Mill Delivery (Indore) Rs 7,750, Rs 7,350, Crude Palm (Ex-Kandla) Rs 5,400, Cottonseed Mill Delivery (Haryana) Rs 7,000, Palmolein (RBD) Rs 6,850, Palmolein (Kandla) Rs 6,900 and Coconut (per tin) Rs 3,100-3,150.

Non-edible oils: Linseed Rs 9,250, Castor Rs 7,700-7,800, 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: Wed, March 21 2018. 14:15 IST
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