22/02/2017 (India.com) - Select edible oil prices drifted lower by up to Rs 100 per quintal at the wholesale oils and oilseeds market today on tepid demand from retailers against sufficient stocks position.

Linseed oil in the non-edible section, also traded lower on subdued demand from paint industries.

Traders said besides easing demand from retailers, ample stocks on increased supplies from producing regions mainly kept pressure on select edible oil prices.

In the national capital, groundnut mill delivery (Gujarat) oil declined by Rs 100 to Rs 9,600 per quintal.

Palmolein (RBD) and palmolein (Kandla) oils also moved down by Rs 50 each at Rs 6,050 and Rs 6,100 per quintal, respectively.

In the non-edible section, linseed oil too shed Rs 50 at Rs 9,750 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 9,600, Groundnut Solvent Refined (per tin) Rs 1,800-1,900, Mustard expeller (Dadri) Rs 8,400, Mustard Pakki Ghani (per tin) Rs 1,350-1,395, Mustard Kachi Ghani (per tin) Rs 1,400-1,500, Sesame Mill delivery Rs 8,400, Soybean Refined Mill Delivery (Indore) Rs 6,900, Soybean Degum (Kandla) Rs 6,600, Crude Palm Oil (Ex-Kandla) Rs 4,700, Cottonseed Mill Delivery (Haryana) Rs 6,750, Palmolein (RBD) Rs 6,050, Palmolein (Kandla) Rs 6,100 and Coconut (per tin) Rs 1,850-1,900.

Non-edible oils: Linseed Rs 9,750, Castor Rs 9,700-9,800, Neem Rs 5,350-5,450.