Oil prices remain steady in thin trade

Image
Press Trust of India New Delhi
Last Updated : Nov 12 2016 | 3:42 PM IST
Quiet conditions prevailed at the wholesale oils and oilseeds market today with prices moving in a narrow range on lack of worthwhile activity and pegged at last levels.
Traders said absence of any worthwhile activity mainly kept prices steady.
Activity remained negligible due to paucity of funds after the government banned Rs 500 and Rs 1,000 currency notes in a bid to curb black money.
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 10,400,Groundnut Solvent Refined (per tin) Rs 1,700-1,800, Mustard expeller (Dadri) Rs 8,650, Mustard Pakki Ghani (per tin) Rs 1,350-1,395, Mustard Kachi Ghani (per tin) Rs 1,400-1,500, Sesame Mill delivery Rs 8,100, Soybean Refined Mill Delivery (Indore) Rs 6,600, Soybean Degum (Kandla) Rs 6,300, Crude Palm Oil (Ex-Kandla) Rs 4,600, Cottonseed Mill Delivery (Haryana) Rs 6,650, Palmolein (RBD) Rs 5,700, Palmolein (Kandla) Rs 5,750 and Coconut (per tin) Rs 1,750-1,800.
Non-edible oils: Linseed Rs 9,900, Castor Rs 9,650-9,750, Neem Rs 5,350-5,450.

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Nov 12 2016 | 3:42 PM IST

Next Story