Groudnut oil declines on subdued demand

Marketmen said sluggish demand against adequate supplies from producing region mainly led to a fall in wholesale groundnut oil prices.

In the national capital,groundnut mill delivery oil (Gujarat) lost Rs 50 at Rs 11,950 per quintal.

The following were today’s quotations per quintal: Oilseeds: Mustardseed 2,950- 3,050 and Groundnut Seed 2,150-2,900. Vanaspati Ghee (15-litre tin) 1,100-1,250. Edible oils: Groundnut Mill Delivery (Gujarat) 11,950,Groundnut Solvent Refined (per tin) 1,950-2,000,Mustard expeller (Dadri) 8,350,Mustard Pakki Ghani (per tin) 1,210-1,350,Mustard Kachi Ghani (per tin) 1,365-1,465,Sunflower 6,300,Sesame Mill Delivery 8,650,Soybean Refined Mill Delivery (Indore) 7,750,Soyabean Degum (Kandla) 7,350,Crude Palm Oil (Ex-Kandla) 7,450,Cottonseed Mill Delivery (Haryana) 7,200,Palmolein (RBD) Rs 7,850,Palmolein (Kandla)

7,400,Rice Bran (phy) 3,800 and Coconut(per tin) 1,400-1,450.

Non-edible oils: Linseed 5,750,Mahuwa 4,000,Castor 8,650-8,750,Neem 4,600- 4,700,Rice Bran 3,280-3,380 and Palm Fatty 3,225-3,300.

Oilcakes: Groundnut Dehusk 800-850,Sesame 950-1,150,Mustard (New) 1,000- 1,025,Mustard 1,200-1,210 and Cottonseed 1,075-1,175.