Oil prices end quiet in thin trade

Quiet conditions prevailed in the wholesale oils and oilseeds market.

Quiet conditions prevailed in the wholesale oils and oilseeds market today as prices moved in a narrow range on alternate bouts of trading and settled around previous levels.

Traders said adequate stocks position against sporadic demand mainly kept edible and non-edible oil prices steady.

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) 11,800,Groundnut Solvent Refined (per tin) 1,900-1,950,Mustard expeller (Dadri) 8,100,Mustard Pakki Ghani (per tin) 1,200-1,340,Mustard Kachi Ghani (per tin) 1,355-1,455,Sunflower 6,300,Sesame Mill Delivery 8,550,Soybean Refined Mill Delivery (Indore) 7,450,Soyabean Degum (Kandla) 7,050,Crude Palm Oil (Ex- Kandla) 7,250,Cottonseed Mill Delivery (Haryana) 7,050,Palmolein (RBD) Rs 7,550,Palmolein (Kandla) 7,100,Rice Bran (phy) 3,800 and Coconut(per tin) 1,300- 1,350.

Non-edible oils: Linseed 5,650,Mahuwa 4,000,Castor 8,550-8,650,Neem 4,500- 4,600,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.