27/04/2011 (MSN News) - Select edible oil prices continued to decline and lost Rs 20 per quintal in the wholesale oils and oilseeds market today owing to sluggish demand at prevailing levels amid a weakening global trend.

Non-edible oils moved in a tight range on restricted buying activity and settled around previous levels.

Trading sentiment remained weak after palm oil fell in Malaysia as the Malaysian currency advanced to the highest level in 13 years, reducing the appeal of the edible oil for overseas buyers.

Meanwhile, palm oil for the July-delivery contract dropped by 1.7 per cent to USD 1,103 a metric tonne on the Malaysia Derivatives Exchange.

In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) declined by Rs 20 each to Rs 6,130 and Rs 5,780, respectively.

Crude palm oil (ex-kandla) oil traded lower by the same margin to Rs 5,180 per quintal.

Palmolein (rbd) and palmolein (kandla) oils also lost Rs 20 each to Rs 5,730 and Rs 5,430 per quintal, respectively.

Following are today''s quotations in Rs per quintal:

Oilseeds: mustard seed 2,525-2,655 and groundnut seed 2,100-2,850.

Vanaspati ghee (15 litres tin) 1,065-1,140.

Edible oils: Groundnut mill delivery (Gujarat) 8,000, groundnut Solvent refined (per tin) 1,350-1,360, Mustard Expeller (Dadri) 5,400, Mustard Pakki ghani (per tin) 760-915, Mustard kachi ghani (per tin) 915-1,015, Sunflower 6,300, Sesame mill delivery 6,200, soybean Refined mill delivery (Indore) 6,130, Soyabean degum (Kandla) 5,780, Crude Palm Oil (Ex-kandla) 5,180, Cottonseed mill delivery (Haryana) 5,500, Palmolein (RBD) Rs 5,730 Palmolein (Kandla) 5,430, Rice bran (phy) 3,750 and Coconut (per tin) 1,600-1,660.

Non-edible oils: Linseed 4,600, Mahuwa 4,000, Castor 8,550-8,650, Neem 4,000-4,100, Rice bran 3,300-3,400 and palm fatty 3,225-3,300.

Oilcakes: groundnut dehusk 800-850, sesame 950-1,150, Mustard (new) 1,000-1,025, Mustard 1,200-1,210 and Cottonseed 1,075-1,175.