Sesame oil weakens on subdued demand

NEW DELHI, Feb 6:  In restricted activity, sesame oil declined by Rs 50 per quintal at the wholesale oil and oilseed market today owing to slackened demand.
However, other edible and non-edible oils continued to move in a narrow range in limited deals and settled at previous levels.
Traders said muted demand from retailers against sufficient stocks led to decline in sesame oil prices.
In the national capital, sesame mill delivery oil eased by Rs 50 to Rs 6,800 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 9,100, Groundnut Solvent Refined (per tin) Rs 1,700-1,800, Mustard expeller (Dadri) Rs 8,400, Mustard Pakki Ghani (per tin) Rs 1,350-1,400, Mustard Kachi Ghani (per tin) Rs 1,400-1,500, Sesame Mill delivery Rs 6,800, Soyabean Refined Mill Delivery (Indore) Rs 6,400, Soyabean Degum (Kandla) Rs 6,100, Crude Palm Oil (Ex-Kandla) Rs 4,100, Cotton seed Mill Delivery (Haryana) Rs 5,700, Palmolein (RBD) Rs 5,300, Palmolein (Kandla) Rs 5,250 and Coconut (per tin) Rs 1,850-1,900.
Non-edible oils: Linseed Rs 9,050, Castor Rs 9,400-9,500, Neem Rs 5,350-5,450. (PTI)

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