Select edible oils fall on subdued demand, global cues
However, non-edible oils remained steady in thin trade.
Traders said subdued demand at prevailing higher levels amid a weak global trend influenced select edible oil prices.
Meanwhile, palm oil lost 1.4 per cent to USD 813 a metric tonne on the Malaysia Derivatives Exchange.
In the national capital,mustard expeller oil (Dadri) fell by Rs 200 to Rs 8,225 per quintal on poor local demand at prevailing higher levels.
Taking negative cues from overseas market, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils declined by Rs 50 each to Rs 7,400 and Rs 6,950 per quintal respectively.
Palmolein (rbd) and palmolein (Kandla) oils also declined by Rs 50 each to Rs 7,450 and Rs 6,950 per quintal respectively.
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