PALM NEWS MALAYSIAN PALM OIL BOARD Monday, 23 Mar 2026

Jumlah Bacaan: 231
MARKET DEVELOPMENT
Mixed Trend in Edible Oils
calendar28-12-2011 | linkMSN | Share This Post:

28/12/2001 (MSN) - Mixed conditions prevailed on the wholesale oils and oilseeds market today as select edible oils turned weak on global cues, while a few others moved up on local demand due to marriage season.

However, castor oil in the non-edible section, eased on reduced industrial offtake. Traders said stockists selling in tandem with a weakening global trend mainly led to decline in select wholesale edible oil prices.

Meanwhile, palm oil futures for March delivery fell one per cent to USD 993 per tonne on the Malaysia Derivatives Exchange.

In addition, pick-up in retailers demand due to marriage season helped other edible oil prices to move up, they said.

In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils declined by Rs 20 each to Rs 7,080 and Rs 6,630, while crude palm oil (ex-kandla) oil traded lower by the same margin to Rs 6,530 per quintal, respectively.

Palmolein (rbd) and palmolein (Kandla) oils weakened by Rs 20 each to Rs 6,880 and Rs 6,530 per quintal, respectively.

Cottonseed mill delivery oil (Haryana) lost Rs 100 to Rs 6,450 per quintal.

On the other hand, mustard expeller oil rose by Rs 150 to Rs 7,600 per quintal. Mustard pakki and kachi ghani oils traded higher by Rs 20 each to Rs 975-1,130 and Rs 1,130-1,230 per tin. Sesame mill delivery oil shot up by Rs 200 to Rs 7,300 per quintal.

In the non-edible section, castor oil shed Rs 50 to Rs 8,350-8,450 per quintal.