Live
- BRS condemns booking of criminal case against its MLA
- Mehbooba Mufti's PDP claims many leaders who left party eager to return
- Kangana Ranaut slapgate: CISF constable reinstated, posted in Bengaluru
- Delhi HC dismisses plea seeking PM Modi's disqualification from contesting polls
- Federal Bank Reports 20% Growth in Advances for Q1
- Graeme Smith lauds South Africa's performance at ICC T20 World Cup
- Farmers' welfare is the goal says Minister Ramanaidu
- Govt's focus on non-polluting energy sources to boost private, public transport: Gadkari
- PE, VC investments reached $6.9 billion in May: Report
- Sebi Enforces Stricter Rules to Combat Market Abuse in Stock Trading
Palmolein oil eases on sluggish demand
In restricted activity, palmolein oil prices softened by Rs 50 per quintal at the wholesale oils and oilseeds market today on subdued demand. However, castor oil in the non-edible section, traded higher on increased offtake by consuming industries. Traders said muted demand from retailers against adequate stocks position, mainly led to decline in palmolein oil prices.
New Delhi: In restricted activity, palmolein oil prices softened by Rs 50 per quintal at the wholesale oils and oilseeds market today on subdued demand. However, castor oil in the non-edible section, traded higher on increased offtake by consuming industries. Traders said muted demand from retailers against adequate stocks position, mainly led to decline in palmolein oil prices.
In the national capital, palmolein (RBD) and palmomein (Kandla) oils were down by Rs 50 each to Rs 5,350 and Rs 5,400 per quintal respectively. On the other hand, castor oil in the non-edible section, edged up by Rs 100 to Rs 9,100-9,200 per quintal. 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 9,400, Groundnut Solvent Refined (per tin) Rs 1,800-1,900, Mustard expeller (Dadri) Rs 7,900, Mustard Pakki Ghani (per tin) Rs 1,250-1,295, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, Sesame Mill delivery Rs 8,100, Soybean Refined Mill Delivery (Indore) Rs 6,600, Soybean Degum (Kandla) Rs 6,200, Crude Palm Oil (Ex-Kandla) Rs 4,750, Cottonseed Mill Delivery (Haryana) Rs 6,450, Palmolein (RBD) Rs 5,350, Palmolein (Kandla) Rs 5,400 and Coconut (per tin) Rs 2,050-2,100. Non-edible oils: Linseed Rs 9,000, Castor Rs 9,100-9,200, Neem Rs 5,350-5,450.
