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Edible oils, key seeds

By Staff
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Google Oneindia News

Mumbai, May 26 (UNI) Edible oil prices today touched another high this year with groundnut raw oil advancing to Rs 715 per ten kgs and sunflower oil to Rs 685 per ten kgs on reduced offloading by stockists in view of firm advice from producing centres, mainly Gujarat, Andhra Pradesh and some northern regions, traders at Bombay Commodity Exchange said here today.

In seeds, groundnut, nigerseed and castorseed prices also gained by Rs 25 Rs 50 and Rs 75 per quintal respectively on heavy demand from millers, induced by bullish advice from Rajkot and other centres.

In oils, groundnut raw, sesame expeller and sunflower expeller refined also agained by Rs five, Rs ten and Rs 20 respectively and was quoted at a new peak at Rs 715 for groundnut raw, Rs 680 for sesame expeller and for sunflower refined at Rs 685 on good demand from bulk consumers and retailers. There was lesser stock arrivals from producing centres.

Similarly. cottonseed refined, rapeseed refined, copra and linseed oils also rallied again on heavy bulk consumers and industrial users demand, while groundnut extraction, cotton expeller and soyameal extraton were up on good exporters demand and lesser stocks at the domestic marekts, traders added.

Following are the spot rates of oilseeds (all figures in Rupees), as provided by the Bombay Commodity Exchange here: Oilseeds per quintal Oils per 10 kg Grd' kernel 3,575, Grd' Bold 60/70 4,425, G Nut Raw 715, Javas 60/70 4,350, Javas 70/80 4,225, Javas 80/90 4,125 Kardi (Export Qly)2,775 Kardi expeller 750, Sesameseed: Seasame Expeller 680 Sunflower Exp 685 Whitish (98/2/ffa) 7,100 Sunflower Exp Ref 715 Whitish (95/5/ffa) 6,900 Cottonseed (Refined) 620 Brown (48/2/2) 4,300, Refined Palm Oil 566 Soyabeen Ref 625 Rapeseed Ref 660 Rapeseed Exp 629 Copra white 625 Brown (48/3) ) 4,100, Rice Bran 4-7 FFA 525 Rice Bran 395 Linseed 690 Costor Comm 594, F.S.G. 604 F.S.G. Kandla 580 Mowra 535 Neem 475 Karanji 450 Deoiled cakes (per MT) G N Extr 45 pc 16,800 Kardi Extr 5,200, Undec Cottonseed Extr 9,500, Brown 48/4 3900 Rice Bran Extr 5,500, Sunflowerseed 2,800, Sunflower extr 9,700, Rapeseed N T, Rapeseed extr 9,800, Soyameal 48 per cent 18,800, Nigerseed 6,100 castorseed Bombay 2,820 Castor extra 4,000 Castorseed Disa 2,700 Castorseed Hyderabad 2,650 UNI AR OBB AG1908

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