Mustard oil weakens in thin trade

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In thin trading, mustard oil prices fell by Rs 50 per quintal on the wholesale oils and oilseeds market on Saturday owing to subdued local demand.

However, other edible and non-edible oils continued to trade in a narrow range in limited deals and settled around previous levels.

In the edible section, mustard expeller oil (Dadri) declined by Rs 50 to Rs 8,550 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) 12,000, Groundnut Solvent Refined (per tin) 1,950-2,000, Mustard expeller (Dadri) 8,550, Mustard Pakki Ghani (per tin) 1,210-1,350, Mustard Kachi Ghani (per tin) 1,365-1,465, Sunflower 6,300, Sesame Mill Delivery 8,700, Soybean Refined Mill Delivery (Indore) 7,900, Soyabean Degum (Kandla) 7,500, Crude Palm Oil (Ex-Kandla) 7,450, Cottonseed Mill Delivery (Haryana) 7,200, Palmolein (RBD) Rs 8,050, Palmolein (Kandla) 7,600, Rice Bran (phy) 3,800 and Coconut(per tin) 1,400-1,450.

Non-edible oils: Linseed 5,800, Mahuwa 4,000, Castor 8,700-8,800, 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.

(This article was published on September 8, 2012)
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