Mustard oil weakens on muted local demand

Press Trust of India  |  New Delhi 

prices declined by Rs 50 per in an otherwise steady wholesale oils and oilseeds market today on sluggish local demand.

However, other edible and non-edible oils moved in a narrow range in scattered deals and pegged at the last lavels.

Traders said, sluggish demand against sufficient stocks position mainly weighed on prices.

In the national capital, expeller (Dadri) fell by Rs 50 Rs 7,700 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 8,250, Groundnut Solvent Refined (per tin) Rs 1,700-1,800, Mustard expeller (Dadri) Rs 7,700, 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 7,650, Soybean Degum (Kandla) Rs 7,250, 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 18 2018. 14:10 IST