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MARKET DEVELOPMENT
Sesame Oil Slides on Subdued Demand
calendar06-07-2015 | linkBusiness Standard | Share This Post:

06/07/2015 (Business Standard) - Barring a dip in sesame oil prices, other edible and non-edible oils after trading in a narrow range on scattered support, ended steady at the wholesale oils and oilseeds market today.

Traders said subdued demand against comfortable stocks mainly led to decline in sesame oil prices.

In the national capital, sesame mill delivery oil eased by Rs 50 to Rs 7,950 per quintal.

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

Oilseeds: Mustardseed Rs 2,950-3,050 and Groundnutseed Rs 2,150-2,900. Vanaspati Ghee (15-litre tin) Rs 850-1,065.

Edible oils: Groundnut Mill Delivery (Gujarat) Rs 8,800, Groundnut Solvent Refined (per tin) Rs 1,600-1,650, Mustard expeller (Dadri) Rs 7,350, Mustard Pakki Ghani (per tin) Rs 1,250-1,300, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, sesame mill delivery Rs 7,950, Soyabean Refined Mill Delivery (Indore) Rs 6,600, Soyabean Degum (Kandla) Rs 6,300, Crude Palm Oil (Ex-Kandla) Rs 4,250, Cottonseed Mill Delivery (Haryana) Rs 5,650, Palmolein (RBD) Rs 5,600, Palmolein (Kandla) Rs 5,500 and Coconut (per tin) Rs 2,250-2,275.

Non-edible oils: Linseed Rs 8,450, Castor Rs 9,700-9,800, Neem Rs 5,350-5,450.