Edible oils

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Mumbai, May 27 (UNI) Edible oil prices rallied for the second consecutive day today and touched a record high this year with groundnut raw oil advancing to Rs 720 per ten kgs and sunflower oil to Rs 690 per ten kgs on brisk demand by local bulk consumers in view of bullish advice from producing centres, mainly Gujarat, Andhra Pradesh and some northern regions, traders at the Bombay Commodity Exchange said here today.

In seeds, groundnut and castorseed prices went up by Rs 25 and Rs 10 per quintal respectively on renewed demand from millers, induced by bullish advice from Rajkot and other centres.

In oils, groundnut raw, imported palmolein, and sunflower expeller refined also gained by Rs five, Rs ten and Rs five respectively while cottonseed refined oil gained by Rs five at Rs 625 on heavy demand from bulk consumers and retailers.

Copra white, rice brand, castor commercial and linseed also were in limelight on sustained good buying support from industrial users and retailers.

There was lesser stock arrivals from producing centres.

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 3,600, Grd' Bold 60/70 4,300, G Nut Raw 720, Javas 60/70 4,450, Javas 70/80 4,350, Javas 80/90 4,150 Kardi (Export Qly)2,775 Kardi expeller 750, Sesameseed: Seasame Expeller 690 Sunflower Exp 685 Whitish (98/2/ffa) 7,100 Sunflower Exp Ref 720 Whitish (95/5/ffa) 6,900 Cottonseed (Refined) 625 Brown (48/2/2) 4,300, Refined Palm Oil 576 Soyabeen Ref 630 Rapeseed Ref 660 Rapeseed Exp 629 Copra white 630 Brown (48/3) ) 4,100, Rice Bran 4-7 FFA 530 Rice Bran 395 Linseed 700 Costor Comm 596, F.S.G. 606 F.S.G. Kandla 580 Mowra 535 Neem 475 Karanji 445 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 6,025 castorseed Bombay 2,830 Castor extra 4,000 Castorseed Disa 2,525 Castorseed Hyderabad 2,700 UNI AR OBB SKB2008

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