LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Business News » India News

Select edible oils slide on muted demand

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
Updated: Sat, Sep 02, 2017
12:59 pm
PTI
RELATED NEWS
Expert Views: BIG! India's retail inflation eases to 4.59% in December Expert Views: BIG! India's retail inflation eases to 4.59% in December
Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands
Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED
Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED    Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED
Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY! Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY!

Select edible oils softened at the wholesale oil and oilseeds market during the week owing to slackened demand from retailers and vanaspati millers against ample stocks position.

However, palmolein oil edged higher on scattered enquiries.

Castor and linseed oils, in the non-edible section, also eased on reduced offtake by consuming industries.

Traders said besides easing demand from retailers and vanaspati millers, adequate stocks position on increased arrivals from producing regions mainly led to decline in select edible oil prices.

In the national capital, groundnut mill delivery (Gujarat) oil fell by Rs 200 to Rs 8,400 per quintal.

Mustard expeller (Dadri) oil also declined by Rs 50 to Rs 7,900 per quintal.

Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) too shed Rs 50 each to Rs 6,750 and Rs 6,350 per quintal, respectively.

On the other hand, palmolein (RBD) and palmolein (Kandla) oils ended higher by Rs 50 each to Rs 5,700 and Rs 5,750 per quintal, respectively.

In the non-edible section, castor oil dropped by Rs 200 to Rs 9,000-9,100 per quintal on reduced industrial offtake.

Linseed oil also finished lower by Rs 100 at Rs 8,700 per quintal on sluggish demand from paint industries. (MORE)

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Economy
RELATED NEWS
Expert Views: BIG! India's retail inflation eases to 4.59% in December Expert Views: BIG! India's retail inflation eases to 4.59% in December
Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands
Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED
Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED    Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED
Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY! Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY!

LATEST NEWS

Bajaj Finance and Bajaj Finserv preview: Key numbers to watch out for

Tata Communications share price I Q3 FY21 numbers decoded by Motilal Oswal

Get Rs 1 lakh monthly pension! Make money, just check this calculation and schemes

ICICI Lombard General Insurance Share price: Sharekhan recommends a Buy with a revised price target of Rs 1750

Big boost for Maharashtra small business! BSE signs MoU state govt to encourage SME listing

SBI, ICICI Bank, HDFC Bank remain systemically important banks: RBI

Mid-Cap Picks With Anil Singhvi: Sterlite Technologies, Astra Micro Systems and Aegis Logistics are stocks to buy, says Sacchitanand Uttekar

Big Yes Bank initiative for MSME! Up to Rs 5 cr collateral-free funds made available

JEE Main exam eligibility 2021: HUGE BENEFIT For Students! Education minister waives of 75 per cent eligibility criteria

Goods and Services tax (GST) return: File your return for December by tomorrow or face penalty | Here are five easy steps to do it

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved