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Mustard Oil Weakens on Sluggish Demand
calendar06-03-2017 | linkOutlook India | Share This Post:

06/03/2017 (Outlook India) - Barring a fall in mustard oil on low demand against adequate stocks position, other edible and non-edible oils held steady at the wholesale oils and oilseeds market today.

Traders said easing demand from local parties against sufficient stocks position mainly led to decline in mustard oil prices.

In the national capital, mustard expeller (Dadri) oil fell by Rs 100 to Rs 8,350 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 9,800,Groundnut Solvent Refined (per tin) Rs 1,800-1,900, Mustard expeller (Dadri) Rs 8,350, Mustard Pakki Ghani (per tin) Rs 1,350-1,395, Mustard Kachi Ghani (per tin) Rs 1,400-1,500, sesame Mill delivery Rs 8,400, Soybean Refined Mill Delivery (indore) Rs 7,000, Soybean Degum (Kandla) Rs 6,700, Crude Palm Oil (Ex-Kandla) Rs 4,700, Cottonseed Mill Delivery (Haryana) Rs 6,700, Palmolein (RBD) Rs 5,850, Palmolein (Kandla) Rs 5,900 and Coconut (per tin) Rs 1,850-1,900.

Non-edible oils: Linseed Rs 9,750, Castor Rs 9,700-9,800, Neem Rs 5,350-5,450.