Mustard oil trades lower on lack of local buying

NEW DELHI, July 13:  In limited deals, mustard oil prices traded lower by Rs 50 per quintal on the wholesale oils and oilseeds market today on lack of buying from local parties.
However, other edible and non-edible oils moved in a narrow range in scattered deals and settled around previous levels.
Traders said lack of buying activity against adequate stocks availability mainly led to the fall in mustard oil prices.
In the national capital, mustard expeller oil (Dadri) shed Rs 50 at Rs 6,700 per quintal.
The following were today’s quotations per quintal:
Oilseeds: Mustard seed 2,950-3,050 and Groundnut Seed 2,150-2,900.
Vanaspati Ghee (15-litre tin) 1,100-1,250.
Edible oils: Groundnut Mill Delivery (Gujarat) 9,800, Groundnut Solvent Refined (per tin) 1,990-2,040, Mustard expeller (Dadri) 6,700, Mustard Pakki Ghani (per tin) 1,270-1,350, Mustard Kachi Ghani (per tin) 1,355-1,455, Sunflower 6,300, Sesame Mill Delivery 10,800, Soybean Refined Mill Delivery (Indore) 7,200, Soyabean Degum (Kandla) 6,900, Crude Palm Oil (Ex-Kandla) 5,100, Cottonseed Mill Delivery (Haryana) 6,250, Palmolein (RBD) Rs 5,700, Palmolein (Kandla) 5,300, Rice Bran (phy) 3,800 and Coconut (per tin)1,300-1,350.
Non-edible oils: Linseed 6,400, Mahuwa 4,000, Castor 9,200-9,300, Neem 5,100-5,200, Rice Bran 3,200-3,300 and Palm Fatty 3,225-3,300.
Oil cakes: 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. (PTI)
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