Groundnutseed, its oil and RBD Palm oil further decline

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Mumbai, July 7 (UNI) Prices of groundnutseed, its oil and RBD palmolein today further declined on sluggish demand along with bearish advice from markets, traders at the Bombay Commodity Exchange said.

In oil segment (per ten kgs), groundnut oil, cottonseed refined and rapeseed exp. fell by Rs 5 per 10 kg while RBD palmolein also dropped by Rs 4 on poor offtake.

Sunflower exp and castor comm improved by Rs 5 per ten kg on fresh demand.

Among seeds (per quintal), groundnutseed, nigerseed 4 slid by Rs 25 per quintal each because of lower buying support by bulk consumers, while castor Bombay and castor Hyderabad shot up by Rs 10 and Rs 50 per quintal respectively.

In De-oiled cakes, undec cottonseed exp and castor extr went up by Rs 100 per tonne each on good demand by stockists, traders added.

Groundnut extr, kardi extr and sunflower extr remained steady today, traders informed.

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 4,500, G Nut Raw 720, Javas 60/70 4,450, Javas 70/80 4,325, Javas 80/90 4,225 Kardi (Export Qly) 3,050 Kardi expeller 880, Sesameseed: Seasame Expeller 800 Sunflower Exp 675 Whitish (98/2/ffa) 7,500 Sunflower Exp Ref 730 Whitish (95/5/ffa) 7,300 Cottonseed (Refined) 665 Brown (48/2/2) 5,000, Refined Palm Oil 578 Soyabeen Ref 668 Rapeseed Ref 740 Rapeseed Exp 695 Copra white 700 Brown (48/3) ) 4,850, Rice Bran 4-7 FFA 600 Rice Bran 465 Linseed 725 Castor Comm 641, F.S.G. 651 F.S.G. Kandla 630 Mowra 535 Neem 475 Karanji 422 Deoiled cakes (per MT) G N Extr 45 pc 18,100 Kardi Extr 5,900 Undec Cottonseed Extr 10,700, Brown 48/4 4,700 Rice Bran Extr 6,100, Sunflowerseed 3,200, Sunflower extr 10,100, Rapeseed N T, Rapeseed extr 10,700, Soyameal 48 %...22,800 Nigerseed-4 5,600 Castorseed Bombay 3,055 Castor extra 4,400 Castorseed Disa 2,875 Castorseed Hyderabad 2,900 UNI NV OBB SM1646

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