Mustard oil softens on sluggish local demand

Press Trust of India  |  New Delhi 

prices went down by Rs 50 per at the wholesale oils and oilseeds market today on subdued local demand.

Castor and linseed oils in the non-edible section, also eased on reduced offtake by consuming industries.

Traders said, besides easing demand from local parties, sufficient stocks position, mainly weighed on the prices.

In the national capital, expeller (Dadri) 50 to Rs 7,850 per

In the non-edible section, castor and linseed also drifted down by Rs 100 each to Rs 7,500-7,600 and Rs 9,300 per quintal, respectively.

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

Oilseeds: 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 8,500,Groundnut Solvent Refined (per tin) Rs 1,700-1,800, expeller (Dadri) Rs 7,850, Pakki Ghani (per tin) Rs 1,300-1,345, Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 9,000, Soybean Refined Mill Delivery (Indore) Rs 7,800, Rs 7,400, Crude Palm (Ex-Kandla) Rs 5,400, Cottonseed Mill Delivery (Haryana) Rs 7,100, Palmolein (RBD) Rs 7,100, Palmolein (Kandla) Rs 7,150 and Coconut (per tin) Rs 3,100-3,150.

Non-edible oils: Linseed Rs 9,300, Castor Rs 7,500-7,600, 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: Tue, April 10 2018. 14:35 IST