Edible oils turned weak with prices falling by Rs 20 per quintal on the wholesale oils and oilseeds market today, owing to slackness in demand at prevailing levels amid weakening global trend.
However, non-edible oils moved in a narrow range in scattered deals and settled around previous levels.
Marketmen said sluggish demand at prevailing higher levels and reports of a weakening global trend, mainly led to decline in edible oil prices.
Meanwhile, palm oil for the March-delivery contract declined 0.7 per cent to USD 1,015 a tonne on the Malaysia Derivatives Exchange.
In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils declined by Rs 20 each to Rs 7,230 and Rs 6,780, while crude palm oil (ex-kandla) traded lower by the same margin to Rs 6,730 per quintal, respectively.
Palmolein (rbd) and palmolein (kandla) oils traded lower by Rs 20 each to Rs 7,030 and Rs 6,680 per quintal.
The following were today's quotations per quintal: Oilseeds: Mustard Seed 2,550-2,680 and Groundnut Seed 2,125-2,875.
Vanaspati Ghee (15-litre tin) 1,030-1,090.
Edible oils: Groundnut Mill Delivery (Gujarat) 9,800, Groundnut Solvent Refined (per tin) 1,620-1,630, Mustard Expeller (Dadri) 7,800, Mustard Pakki Ghani (per tin) 1000-1,155, Mustard Kachi Ghani (per tin) 1,155-1,255, Sunflower 6,300, Sesame Mill Delivery 7,500, Soybean Refined Mill Delivery (Indore) 7,230, Soyabean Degum (Kandla) 6,780, Crude Palm Oil (Ex-Kandla) 6,730, Cottonseed Mill Delivery (Haryana) 6,650, Palmolein (RBD) Rs 7,030, Palmolein (Kandla) 6,680, Rice Bran (phy) 3,800 and Coconut(per tin) 1,560-1,600.
Non-edible oils: Linseed 4,700, Mahuwa 4,000, Castor 8,350-8,450, Neem 4,150-4,250, Rice Bran 3,280-3,380 and Palm Fatty 3,225-3,300.
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