Oil prices end steady in thin trade

NEW DELHI, Sept 24:  Steady conditions prevailed at the wholesale oils and oilseeds market today as prices of edible and non-edible oil moved in a narrow range in scattered deals and settled around previous levels.
Traders said adequate stocks position against sporadic demand mainly kept prices of edible and non-edible oils steady.
Meanwhile, government yesterday cut import duty on crude and refined palm oil to 7.5 per cent and 15 per cent, respectively.
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 13,000, Groundnut Solvent Refined (per tin) Rs 1,950-2,000, Mustard expeller (Dadri) Rs 8,900, Mustard Pakki Ghani (per tin) Rs 1,400-1,445, Mustard Kachi Ghani (per tin) Rs 1,450-1,550, Sesame Mill delivery Rs 7,900, Soybean Refined Mill Delivery (Indore) Rs 6,900, Soybean Degum (Kandla) Rs 6,600, Crude Palm Oil (Ex-Kandla) Rs 4,550, Cottonseed Mill Delivery (Haryana) Rs 6,500, Palmolein (RBD) Rs 6,300, Palmolein (Kandla) Rs 6,350 and Coconut (per tin) Rs 1,700-1,750.
Non-edible oils: Linseed Rs 9,700, Castor Rs 9,800-9,900, Neem Rs 5,350-5,450. (PTI)