NEW DELHI, Mar 29: Select edible oil prices drifted on the oils and oilseeds market during the week under review on stockists selling against sluggish demand.
A few oils in the non-edible section, also eased on reduced offtake by consuming industries.
Traders said stockists selling against sluggish demand mainly led to decline in select edible oil prices.
They said reduced offtake by consuming industries helped a few non-edible oils to trade lower.
In the national capital, sesame mill delivery oil suffered the most by losing Rs 400 at Rs 11,200 per quintal.
Mustard expeller (Dadri) and groundnut mill delivery (Gujarat) fell by Rs 100 each to Rs 7,300 and Rs 7,500 per quintal, respectively.
Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils declined by Rs 100 each to Rs 7,450 and Rs 7,200 per quintal, respectively.
Palmolein (rbd) and palmolein (Kandla) oils were also weakened by Rs 50 each to Rs 6,700 and Rs 6,350 per quintal, respectively.
In the non-edible section, linseed oil declined by Rs 50 to Rs 7,600 per quintal on lack of demand from paint manufacturing units.
Castor and neem oils traded lower by Rs 50 each to Rs 9,500 and Rs 5300-5400 per quintal respectively. (AGENCIES)
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