NEW DELHI, Oct 13: Prices of palmolein and soyabean oils drifted lower by Rs 50 per quintal at the wholesale oils and oilseeds market today owing to slackened demand from retailers.
Castor oil in the non-edible section, also eased on reduced offtake by consuming industries.
Traders said sluggish demand from retailers against sufficient stocks position mainly kept pressure on palmolein and soyabean oil prices.
In the national capital, palmolein (rbd) and palmolein (Kandla) oils declined by Rs 50 each to 5,850 and Rs 5,900 per quintal respectively.
Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils also shed Rs 50 each to Rs 6,650 and Rs 6,350 per quintal respectively.
In the non-edible section, castor oil traded lower by Rs 50 to Rs 9,750-9,850 per quintal.
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 12,700, Groundnut Solvent Refined (per tin) Rs 1,920-1,970, Mustard expeller (Dadri) Rs 8,750, Mustard Pakki Ghani (per tin) Rs 1,350-1,395, Mustard Kachi Ghani (per tin) Rs 1,400-1,500, Sesame Mill delivery Rs 8,000, Soybean Refined Mill Delivery (Indore) Rs 6,650, Soybean Degum (Kandla) Rs 6,350, Crude Palm Oil (Ex-Kandla) Rs 4,550, Cottonseed Mill Delivery (Haryana) Rs 6,600, Palmolein (RBD) Rs 5,850, Palmolein (Kandla) Rs 5,900 and Coconut (per tin) Rs 1,700-1,750.
Non-edible oils: Linseed Rs 9,800, Castor Rs 9,750-9,850, Neem Rs 5,350-5,450. (PTI)
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