Select edible oils slide on sluggish demand

NEW DELHI, Nov 29:  Select edible oil prices drifted up to Rs 100 per quintal at wholesale oils and oilseeds market today on subdued demand from retailers and stockists.
However, non-edible oils held steady in limited deals.
Traders said low demand from retailers and stockists, adequate stocks position amid a weak global trend mainly kept pressure on select edible oil prices.
In the national capital, cottonseed mill delivery (Haryana) oil remained weak and shed another Rs 50 to Rs 5,800 per quintal. Sesame mill delivery declined by Rs 100 to Rs 8,000 per quintal.
Palmolein (rbd) and palmolein (Kandla) oils fell by Rs 50 each to Rs 5,800 and Rs 5600, while crude palm oil (ex-kandla) traded lower by Rs 100 to Rs 4,500 per quintal respectively.
Coconut oil also eased to Rs 2,550-2,575 against last close of Rs 2,600-2,650 per tin on lower advices from producing belts.
Following are today’s quotations (in Rs per quintal):
Oilseeds: Mustard seed 2,950-3,050 and Groundnut Seed 2,150-2,900.
Vanaspati Ghee (15-litre tin) 960-1,130.
Edible oils: Groundnut Mill Delivery (Gujarat) 7,800, Groundnut Solvent Refined (per tin) 1,350-1,400, Mustard expeller (Dadri) 7,100, Mustard Pakki Ghani (per tin) 1,200- 1,250, Mustard Kachi Ghani (per tin) 1,250-1,350, sesame mill delivery 8,000, Soyabean Refined Mill Delivery (Indore) 6,600, Soyabean Degum (Kandla) 6,300, Crude Palm Oil (Ex-Kandla) 4,500, Cottonseed Mill Delivery (Haryana) 5,800, Palmolein (RBD) 5,800, Palmolein (Kandla) 5,600 and Coconut (per tin) 2,550-2,575.
Non-edible oils: Linseed 8,150, Castor 9,550-9,650, Neem 5,350-5,450. (PTI)