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Palmolein oil weakens on subdued demand

NEW DELHI, Feb 18:  Barring a fall in palmolein oil prices on sluggish demand from retailers, other edible and non-edible oils held steady at the wholesale oils and oilseeds market.
Traders said easing demand from retailers mainly led to the decline in palmolein oil prices.
In the national capital, palmolein (RBD) and palmolein (Kandla) oils shed Rs 50 each at Rs 6,150 and Rs 6,200 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 9,700, Groundnut Solvent Refined (per tin) Rs 1,800-1,900, Mustard expeller (Dadri) Rs 8,400, 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 6,900, Soybean Degum (Kandla) Rs 6,600, Crude Palm Oil (Ex-Kandla) Rs 4,700, Cottonseed Mill Delivery (Haryana) Rs 6,750, Palmolein (RBD) Rs 6,150, Palmolein (Kandla) Rs 6,200 and Coconut (per tin) Rs 1,850-1,900.
Non-edible oils: Linseed Rs 9,800, Castor Rs 9,700-9,800, Neem Rs 5,350-5,450. (PTI)

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