Mustard oil weakens on low demand

Mustard oil prices declined by Rs 50 per quintal at the wholesale oils and oilseeds market today owing to slackened demand.

However, other edible and non-edible oils moved in a narrow range in limited deals and pegged at last levels.

Traders said easing local demand against adequate stocks position mainly attributed the slide in mustard oil prices.

In the national capital, mustard expeller (Dadri) oil fell by Rs 50 to Rs 8,150 per quintal.

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 9,000, Groundnut Solvent Refined (per tin) Rs 1,750-1,850, Mustard expeller (Dadri) Rs 8,150, Mustard Pakki Ghani (per tin) Rs 1,295-1,340, Mustard Kachi Ghani (per tin) Rs 1,345-1,445, Sesame mill delivery Rs 10,200, Soybean Refined mill delivery (Indore) Rs 7,650, Soybean Degum (Kandla) Rs 7,250, Crude palm oil (Ex-Kandla) Rs 5,500, Cottonseed mill delivery (Haryana) Rs 7,700, Palmolein (RBD) Rs 6,700, Palmolein (Kandla) Rs 6,750 and Coconut (per tin) Rs 3,100-3,150.

Non-edible oils: Linseed Rs 9,500, Castor Rs 7,300-7,400, Neem Rs 5,350-5,450.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)