Select edible oils slide on sluggish demand

NEW DELHI, Apr 30:  Prices of mustard and cottonseed oils weakened by  Rs 50 per quintal at the wholesale oils and oilseeds market today following subdued demand from retailers against sufficient stocks position.
Other edible and non-edible oils continued to trade in a tight range in scattered deals and settled around previous levels.
Traders said low demand from retailers against adequate stocks position mainly kept pressure on mustard and cottonseed oil prices.
In the national capital, mustard expeller (Dadri) and cottonseed mill delivery (Haryana) oils declined by Rs 50 each to Rs 8,150 and Rs 5,950 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 10,300, Groundnut Solvent Refined (per tin) Rs 1,850-1,950, Mustard expeller (Dadri) Rs 8,150, Mustard Pakki Ghani (per tin) Rs 1,300-1,350, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 7,300, Soybean Refined Mill Delivery (Indore) Rs 6,750, Soybean Degum (Kandla) Rs 6,450, Crude Palm Oil (Ex-Kandla) Rs 4,300, Cotton seed Mill Delivery (Haryana) Rs 5,950, Palmolein (RBD) Rs 5,850, Palmolein (Kandla) Rs 5,900 and Coconut (per tin) Rs 1,600-1,650.
Non-edible oils: Linseed Rs 9,375, Castor Rs 9,500-9,600, Neem Rs 5,350-5,450. (PTI)

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