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Groundnut, cottonseed, rapeseed oil, key seeds decline

By Staff
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Google Oneindia News

Mumbai, May 31 (UNI) Prices of spot groundut raw, rapeseed refined, cottonseed refined oil and groundnutseed kernel today declined on renewed selling pressure and weak advice from producing centres, traders at the Bombay Commodity Exchange (BCE) said here.

Among oils (per ten kg), groundnut raw, cottonseed refined and rapeseed refined eased by Rs five each while linseed dropped by Rs seven on selling pressure by stockists owing to larger stocks arrivals from producing centres and expectations of timely onset of moonsons.

However, refined palmolein oil rose by Rs three on fresh demand from retailers and lesser stocks in the domestic markets.

Among seeds (per quintal), groudnut kernel and sesameseed white varieties dropped by Rs 25 each while castorseed eased by Rs ten on heavy offers from stockists in view of better stocks supplies with millers. However, kardiseed and castorseed Disa variety looked up by Rs 25 and Rs 35 respectively on scattered demand from local millers.

In oilcakes (per tonnes), sunflower extraction variety declined by Rs 200 on sluggish demand from shippers in view of larger stocks in the domestic markets, 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 3,525, Grd' Bold 60/70 4,250, G Nut Raw 705, Javas 60/70 4,350, Javas 70/80 4,250, Javas 80/90 4,150 Kardi (Export Qly)2,800 Kardi expeller 750, Sesameseed: Seasame Expeller 700 Sunflower Exp 675 Whitish (98/2/ffa) 6,500 Sunflower Exp Ref 710 Whitish (95/5/ffa) 6,300 Cottonseed (Refined) 620 Brown (48/2/2) 4,300, Refined Palm Oil 573 Soyabeen Ref 625 Rapeseed Ref 655 Rapeseed Exp 628 Copra white 635 Brown (48/3) ) 4,100, Rice Bran 4-7 FFA 525 Rice Bran 400 Linseed 705 Costor Comm 591, F.S.G. 601 F.S.G. Kandla 577 Mowra 535 Neem 475 Karanji 445 Deoiled cakes (per MT) G N Extr 45 pc 16,800 Kardi Extr 5,250, Undec Cottonseed Extr 9,450, Brown 48/4 3900 Rice Bran Extr 5,500, Sunflowerseed 2,800, Sunflower extr 9,700, Rapeseed N T, Rapeseed extr 9,900, Soyameal 48 per cent 18,800, Nigerseed 6,200 castorseed Bombay 2,805 Castor extra 4,000 Castorseed Disa 2,550 Castorseed Hyderabad 2,650 UNI AR MAZ AG1808

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