Coconut oil eases on reduced offtake

NEW DELHI, Dec 12:  Coconut oil prices eased by Rs 50 per tin in an otherwise steady wholesale oils and oilseed market today on reduced offtake by stockists due to subdued demand from retailers.
Traders said reduced offtake  by stockists following tepid demand from retailers mainly attributed fall in coconut oil prices.
In the national capital, coconut oil declined by Rs 50 to Rs 1,900-1,950 per tin.
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 850-1,065.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 9,100, Groundnut Solvent Refined (per tin) Rs 1,700-1,750, Mustard expeller (Dadri) Rs 9,000, Mustard Pakki Ghani (per tin) Rs 1,550-1,600, Mustard Kachi Ghani (per tin) Rs 1,600-1,700, Sesame Mill delivery Rs 7,800, Soyabean Refined Mill Delivery (Indore) Rs 6,600, Soyabean Degum (Kandla) Rs 6,300, Crude Palm Oil (Ex-Kandla) Rs 4,200, Cottonseed Mill Delivery (Haryana) Rs 5,850, Palmolein (RBD) Rs 5,450, Palmolein (Kandla) Rs 5,400 and Coconut (per tin) Rs 1,900-1,950.
Non-edible oils: Linseed Rs 9,100, Castor Rs 9,700-9,800, Neem Rs 5,350-5,450. (PTI)