26/07/2017 (Outlook India) - Groundnut oil prices fell further by Rs 100 per quintal at the wholesale oils and oilseeds market today owing to slackened demand from retailers.

Castor oil, in the non-edible section, also eased on reduced offtake by consuming industries.

Traders said easing demand from retailers against adequate stocks position, mainly kept groundnut oil prices lower.

In the national capital, groundnut mill delivery (Gujarat) oil declined by Rs 100 to Rs 9,000 per quintal. Groundnut solvent refined followed suit and eased by Rs 50 to Rs 1,700-1,800 per tin.

Among non-edible, castor oil also declined by Rs 50 to Rs 9,000-9,100 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 9,000, Groundnut Solvent Refined (per tin) Rs 1,700-1,800, Mustard expeller (Dadri) Rs 7,800, Mustard Pakki Ghani (per tin) Rs 1,250-1,295, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, Sesame Mill delivery Rs 8,000, Soybean Refined Mill Delivery (indore) Rs 6,550, Soybean Degum (Kandla) Rs 6,150, Crude Palm Oil (Ex-Kandla) Rs 4,750, Cottonseed Mill Delivery (Haryana) Rs 6,400, Palmolein (RBD) Rs 5,250, Palmolein (Kandla) Rs 5,300 and Coconut (per tin) Rs 2,050-2,100.

Non-edible oils: Linseed Rs 9,000, Castor Rs 9,000-9,100, Neem Rs 5,350-5,450.