Groundnut oil slips on reduced offtake

NEW DELHI, May 5: Barring a fall in groundnut oil prices due to reduced offtake by stockists, other edible and non-edible oils held steady at the wholesale oils and oilseeds market today.
Traders said reduced offtake by stockists following easing demand from retailers due to soaring mercury against adequate stocks position mainly weighed on groundnut oil prices.
In the national capital, groundnut mill delivery (Gujarat) oil fell by Rs 200 to Rs 8,400 per quintal. Groundnut solvent refined followed suit and shed Rs 25 to Rs 1,700-1,800 per tin.
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 8,400, Groundnut Solvent Refined (per tin) Rs 1,700-1,800, Mustard expeller  (Dadri) Rs 7,650, Mustard Pakki Ghani (per tin) Rs 1,275-1,320, Mustard Kachi Ghani (per tin) Rs 1,325-1,425, Sesame Mill delivery Rs 9,000, Soybean Refined Mill Delivery (Indore) Rs 7,600, Soybean Degum (Kandla) Rs 7,200, Crude Palm Oil (Ex-Kandla) Rs 5,400, Cottonseed Mill Delivery (Haryana) Rs 6,900, Palmolein (RBD) Rs 7,150,  Palmolein (Kandla) Rs 7,200 and Coconut (per tin) Rs 3,100-3,150.
Non-edible oils: Linseed Rs 8,800, Castor Rs 7,000-7,100, Neem Rs 5,350-5,450. (PTI)