Palmolein oil weakens on muted demand
Palmolein oil prices softened by Rs 50 per quintal in an otherwise steady wholesale oils and oilseeds market today on subdued demand from retailers.
However, other edible and non-edible oils moved in a narrow range in limited deals and pegged at the last levels.
Traders said sluggish demand from retailers led to a decline in palmolein oil prices.
In the national capital, palmolein (RBD) and palmolein (Kandla) oils shed Rs 50 each to Rs 7,100 and Rs 7,150 per quintal, respectively.
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 8,500,Groundnut Solvent Refined (per tin) Rs 1,700-1,800, Mustard expeller (Dadri) Rs 8,000, Mustard Pakki Ghani (per tin) Rs 1,300-1,345, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 9,000, Soybean Refined Mill Delivery (Indore) Rs 7,700, Soybean Degum (Kandla) Rs 7,300, Crude Palm Oil (Ex-Kandla) Rs 5,400, Cottonseed Mill Delivery (Haryana) Rs 7,100, Palmolein (RBD) Rs 7,100, Palmolein (Kandla) Rs 7,150 and Coconut (per tin) Rs 3,100-3,150.
Non-edible oils: Linseed Rs 9,400, Castor Rs 7,600-7,700, Neem Rs 5,350-5,450.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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