This story is from July 24, 2017

Groundnut oil softens on reduced offtake

New Delhi, Jul 24 () Groundnut oil prices fell by Rs 200 per quintal at the wholesale oils and oilseeds market today due to reduced offtake by stockists following easing demand from retailers.
Groundnut oil softens on reduced offtake
New Delhi, Jul 24 () Groundnut oil prices fell by Rs 200 per quintal at the wholesale oils and oilseeds market today due to reduced offtake by stockists following easing demand from retailers.
However, other edible and non-edible oils moved in a narrow range in limited deals and pegged at last levels.
Traders said reduced offtake by stockists due to fall in demand from retailers against adequate stocks position, mainly led to the decline in groundnut oil prices.

In the national capital, groundnut mill delivery (Gujarat) oil drifted lower by Rs 200 to Rs 9,100 per quintal. Groundnut solvent refined followed suit and traded lower by Rs 50 to Rs 1,750-1,850 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 9,100, Groundnut Solvent Refined (per tin) Rs 1,750-1,850, Mustard expeller (Dadri) Rs 7,800, Mustard Pakki Ghani (per tin) Rs 1,250-1,295, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, Sesame Mill delivery Rs 8,000, Soybean Refined Mill Delivery (Indore) Rs 6,550, Soybean Degum (Kandla) Rs 6,150, Crude Palm Oil (Ex-Kandla) Rs 4,750, Cottonseed Mill Delivery (Haryana) Rs 6,400, Palmolein (RBD) Rs 5,250, Palmolein (Kandla) Rs 5,300 and Coconut (per tin) Rs 2,050-2,100.
Non-edible oils: Linseed Rs 9,000, Castor Rs 9,050-9,150, Neem Rs 5,350-5,450. SUN KPS SBT
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