Select edible oils remain weak on sluggish demand

NEW DELHI, Apr 13:  Select edible oils remained weak for the second straight day and prices fell by another Rs 50 per quintal on the wholesale oils and oilseeds market today due to sluggish demand against adequate supplies.
However, non-edible oils held steady in thin trade.
Traders said sluggish demand against adequate supplies mainly kept pressure on select wholesale edible oil prices.
In the national capital, mustard expeller oil (Dadri) oil declined by Rs 50 to Rs 7,000 per quintal.
Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils fell further by Rs 50 each to Rs 7,000 and Rs 6,550, while crude palm oil (ex-kandla) enquired lower by the same margin to Rs 6,500 per quintal respectively.
Palmolein (rbd) and palmolein (Kandla) oils also shed Rs 50 each to Rs 7,000 and Rs 6,500 per quintal respectively. The following were today’s quotations per quintal:
Oilseeds: Mustardseed 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) 11,600, Groundnut Solvent Refined (per tin) 2,100-2,150, Mustard expeller (Dadri) 7,000, Mustard Pakki Ghani (per tin) 1,280-1,360, Mustard Kachi Ghani (per tin) 1,365-1,465, Sunflower 6,300, Sesame Mill Delivery 12,700, Soybean Refined Mill Delivery (Indore) 7,000, Soyabean Degum (Kandla) 6,550, Crude Palm Oil (Ex-Kandla) 6,500, Cottonseed Mill Delivery (Haryana) 6,300, Palmolein (RBD) Rs 7,000, Palmolein (Kandla) 6,500, Rice Bran (phy) 3,800 and Coconut (per tin)1,340-1,390.
Non-edible oils: Linseed 6,500, Mahuwa 4,000, Castor 8,850-8,950, Neem 4,950-5,050, Rice Bran 3,130-3,230 and Palm Fatty 3,225-3,300.
Oilcakes: 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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