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Palmolein oil softens on sluggish demand
calendar21-06-2018 | linkThe Times of India | Share This Post:

The Times of India (20/06/2018) - New Delhi, Jun 20 () Palmolein oil prices declined by Rs 50 per quintal in an otherwise steady wholesale oils and oilseeds market today on easing demand.

However, other edible and non-edible oils moved in a narrow range in limited deals and pegged at last levels.

Traders said, fall in demand from retailers mainly led to decline in palmolein oil prices.

In the national capital, palmolein (RBD) and palmolein (Kandla) oils were down by Rs 50 each to Rs 7100 and Rs 7150 per quintal, respectively.

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 8,300, Groundnut Solvent Refined (per tin) Rs 1,700-1,800, Mustard expeller (Dadri) Rs 7,700, Mustard Pakki Ghani (per tin) Rs 1,275-1,320, Mustard Kachi Ghani (per tin) Rs 1,325-1,425, Sesame Mill delivery Rs 9,500, Soybean Refined Mill Delivery (Indore) Rs 7,650, Soybean Degum (Kandla) Rs 7,250, Crude Palm Oil (Ex-Kandla) Rs 5,500, Cottonseed Mill Delivery (Haryana) Rs 7,200, Palmolein (RBD) Rs 7,100, Palmolein (Kandla) Rs 7,150 and Coconut (per tin) Rs 3,100-3,150.

Non-edible oils: Linseed Rs 9,000, Castor Rs 7,000-7,100, Neem Rs 5,350-5,450. SUN DPL SHW ADI

Read more at https://timesofindia.indiatimes.com/business/india-business/palmolein-oil-softens-on-sluggish-demand/articleshow/64662347.cms