Oil prices remain steady

NEW DELHI, Mar 24: Steady conditions prevailed at the wholesale oils and oilseeds market today as prices of edible and non-edible oils moved in a narrow range on alternate bouts of trading and settled around previous levels.

Traders said adequate stocks position in the market against sporadic demand mainly kept edible and non-edible oils at last levels.

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 8,400, Groundnut Solvent Refined (per tin) Rs 1,700-1,800, Mustard expeller (Dadri) Rs 7,900, Mustard Pakki Ghani (per tin) Rs 1,300-1,345, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 8,900, Soybean Refined Mill Delivery (Indore) Rs 7,750, Soybean Degum (Kandla) Rs 7,350, Crude Palm Oil (Ex-Kandla) Rs 5,400, Cottonseed Mill Delivery (Haryana) Rs 7,000, Palmolein (RBD) Rs 7,050, Palmolein (Kandla) Rs 7,100 and Coconut (per tin) Rs 3,100-3,150.

Non-edible oils: Linseed Rs 9,300, Castor Rs 7,700-7,800, Neem Rs 5,350-5,450. (PTI)