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MARKET DEVELOPMENT
Sesame Oil Remains Weak on Low Demand
calendar04-08-2017 | linkIndia.com | Share This Post:

04/08/2017 (India.com) - In restricted activity, sesame oil fell further by Rs 100 per quintal at the wholesale oils and oilseeds market today on lower demand.

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

Traders said easing demand from retailers and vanaspati millers against adequate stocks position mainly weighed on sesame oil prices.

In the national capital, sesame oil drifted further down by Rs 100 to Rs 7,800 per quintal.

On the other hand, castor oil also traded lower by Rs 50 to Rs 8,950-9,050 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 8,900, Groundnut Solvent Refined (per tin) Rs 1,700-1,800, Mustard expeller (Dadri) Rs 7,800, Mustard Pakki Ghani (per tin) Rs 1,250-1,295, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, Sesame Mill delivery Rs 7,800, Soybean Refined Mill Delivery (Indore) Rs 6,600, Soybean Degum (Kandla) Rs 6,200, Crude Palm Oil (Ex-Kandla) Rs 4,750, Cottonseed Mill Delivery (Haryana) Rs 6,350, Palmolein (RBD) Rs 5,350, Palmolein (Kandla) Rs 5,400 and Coconut (per tin) Rs 2,050-2,100.

Non-edible oils: Linseed Rs 8,800, Castor Rs 8,950-9,050, Neem Rs 5,350-5,450.

This is published unedited from the PTI feed.