New Delhi, Jan 5 : The downslide in select edible prices continued in thelocal wholesale oils and oilseeds market today mainly due to considerablefall in demand from millers as well as retailers and lost some ground.

Palm fatty oil, in the non-edible section, also eased on poor offtake byconsuming industries.

Traders said reduced offtake by stockists and millers against increasedsupplies led to a fall in the prices.

They said increased supplies from neighbouring Haryana, Rajasthan andMadhya pradesh too dampened the trading sentiment.

Mustard expeller oil continued its declining trend and lost another Rs 10at Rs 4520 per quintal on increased arrivals from Haryana and Rajasthan.

Mustard pakki and kachi ghani oils too remained subdued and shed anotherRs 5 each at Rs 710-740 and Rs 720-860 per tin of 15 litre respectively.

Soyabean refined mill delivery and soyabean degum (delhi) moved down to Rs4130 and Rs 3830 per quintal from Rs 4160 and Rs 3850 per quintalrespectively.

In the non-edible section, palm fatty oil traded Rs 50 down at Rs2400-2450 per quintal on poor offtake by consuming industries. (MORE) PTI