NEW DELHI, June 28: Prices of mustard and cottonseed oils fell by Rs 50 per quintal at the wholesale oils and oilseeds market today owing to slackened demand amid rising mercury.
However, other edible and non-edible oils moved in a narrow range in scattered deals and settled around previous levels.
Marketmen said reduced offtake by millers and retailers due to fall in demand following rising mercury mainly led to the decline in mustard and cottonseed oil prices.
In the national capital, mustard expeller (Dadri) and cottonseed mill delivery (Haryana) oils were down by Rs 50 each to Rs 6,750 and Rs 6,350 per quintal respectively.
Following are today’s quotations (in Rupees per quintal):
Oilseeds: Mustardseed 2,950-3,050 and Groundnut Seed 2,150-2,900.
Vanaspati Ghee (15-litre tin) 1,060-1,290.
Edible oils: Groundnut Mill Delivery (Gujarat) 7,450, Groundnut Solvent Refined (per tin) 1,275-1,350, Mustard expeller (Dadri) 6,750, Mustard Pakki Ghani (per tin) 1,200-1,250, Mustard Kachi Ghani (per tin) 1,250-1,350, sesame mill delivery 8,650, Soyabean Refined Mill Delivery (Indore) 7,000, Soyabean Degum (Kandla) 6,700, Crude Palm Oil (Ex-Kandla) 5,250, Cottonseed Mill Delivery (Haryana) 6,350, Palmolein (RBD) Rs 6,300, Palmolein (Kandla) 6,100 and Coconut (per tin) 2,600-2,680.
Non-edible oils: Linseed 7,750, Castor 9,500-9,600, Neem 5,300-5,400. (PTI)
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