Mixed trend prevailed in the wholesale oils and oilseeds market during the past week as select edible oils strengthened on increased buying by millers amid a firming global trend,while a few others remained weak on adequate stocks position. Few oils in the non-edible section,also eased owing to slackened demand from consuming industries. Buying activity in select edible oils picked up as palm oil showed strength in Malaysia,on prospects of improved demand,and as crude oil gained on signs of increasing fuel use in the US,the biggest consumer. Meanwhile,palm oil futures for delivery in July climbed 2.4 per cent to USD 1,101 a metric tone this week on the Malaysia Derivatives Exchange,rebounding from a four-month low on April 15. Besides,selective buying by millers and retailers for the coming marriage season further fuelled the uptrend in select edible oil prices. In the national capital,soyabean refined mill delivery (indore) and soyabean degum (Kandla) rose by Rs 20 each to Rs 6,170 and Rs 5,820 per quintal,respectively. Palmolein rbd and palmolein (kandla) were also seen in demand and advanced by Rs 20 each to Rs 5,770 and Rs 5,470,respectively,while crude palm oil (ex-kandla) edged up by Rs 10 to Rs 5,210 per quintal. On the other hand,mustard expeller (Dadri) oil declined by Rs 50 to Rs 5,400 per quintal. Its mustard pakki and kachi ghani oils shed Rs 10 each to Rs 760-915 and Rs 915-1015 per tin,respectively. Similarly,sesame mill delivery shed Rs 30 to Rs 6,200 and cottonseed mill delivery (Haryana) oils declined by Rs 50 to Rs 5,500 per quintal. However,groundnut mill delivery (Gujarat) oil remained stable at Rs 8,000 per quintal,while groundnut solvent refined and coconut oils hovered around previous levels of Rs 1,350-1,360 and Rs 1,600-1,660 per tin,respectively. In restricted buying activity. In the non-edible section,linseed oil declined by Rs 50 to Rs 4,600 per quintal on lack of paint's industries support. Neem oil lost Rs 50 to Rs 4,000-4,100 per quintal on reduced enquiries from soap and other consuming units,while castor oil shed Rs 50 at Rs 8,550-8,650 per quintal.
