02/03/2017 (India.com) - Palmolein oil prices drifted lower by Rs 100 per quintal at the wholesale oils and oilseeds market today owing to slackened demand from retailers.

Palmolein oil prices drifted lower by Rs 100 per quintal at the wholesale oils and oilseeds market today owing to slackened demand from retailers.

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

Traders said sluggish demand from retailers mainly led to decline in palmolein oil prices.

In the national capital, palmolein (rbd) and palmolein (Kandla) oils fell by Rs 100 each to Rs 5,900 and Rs 5,950 per quintal respectively.

Among non-edible, castor oil also shed Rs 50 at Rs 9,700-9,800 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 9,800,Groundnut Solvent Refined (per tin) Rs 1,800-1,900, Mustard expeller (Dadri) Rs 8,450, 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 7,000, Soybean Degum (Kandla) Rs 6,700, Crude PalmOil (Ex-Kandla) Rs 4,700, Cottonseed Mill Delivery (Haryana)Rs 6,750, Palmolein (RBD) Rs 5,900, Palmolein (Kandla) Rs 5,950 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.

This is published unedited from the PTI feed.