01/06/2011 (Msn News) - Palmolein oil prices declined by Rs 20 per quintal in an otherwise steady wholesale oils and oilseeds market due to weak global trend.

Traders said fall in demand at prevailing levels amid a weakening global trend mainly led to decline in palmolein oil prices.

Meanwhile, palm oil for August-delivery dropped 0.2 per cent to USD 1,129 a metric tonne on the Malaysia Derivatives Exchange.

In the national capital, palmolein (rbd) and palmolein (kandla) oils lacked necessary follow up support and lost Rs 20 each to Rs 5,950 and Rs 5,650 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) 8,050, groundnut Solvent refined (per tin) 1,425-1,435, Mustard Expeller (Dadri) 5,750, Mustard Pakki ghani (per tin) 760-915, Mustard kachi ghani (per tin) 915-1,015, Sunflower 6,300, Sesame mill delivery 6,270, soybean Refined mill delivery (Indore) 6,350, Soyabean degum (Kandla) 5,950, Crude Palm Oil (Ex-kandla) 5,400, Cottonseed mill delivery (Haryana) 5,570, Palmolein (RBD) Rs 5,950 Palmolein (Kandla) 5,650, 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 4,100-4,200, 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.