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Groundnutseed, its oil, RBD palm oil down

By Staff
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Google Oneindia News

Mumbai, Aug 1 (UNI) Prices of groundnutseed, its oil and RBD palm oil further declined today on sluggish demand from stockists, traders at the Bombay Commodity Exchange said.

In the oil segment (per ten kgs), groundnut oil, sunflower exp ref and castor comm were reduced by Rs five per ten kgs each due to sustained heavy selling pressure from stockists. Refined palm oil also eased further by Rs six per ten kg.

Among seeds (per quintal), groundnut seed and catorseed Bombay slipped by Rs 25 per quintal each, on persistent offloading by stock holders. Castorseed Disa also dipped by Rs 50 per quintal.

However, Javas 60/70, javas 70/80 and javas 80/90 remained steady on scattered buying by bulk consumers.

In de-oiled cakes, cottonseed exp and castor extr rose by Rs 200 per metric tonne each on speculative buying, 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 3,400, Grd' Bold 60/70 4,500, G Nut Raw 680, Javas 60/70 4,475, Javas 70/80 4,375, Javas 80/90 4,275 Kardi (Export Qly) 3,250 Kardi expeller 880, Sesameseed: Seasame Expeller 740 Sunflower Exp 610 Whitish (98/2/ffa) 7,200 Sunflower Exp Ref 660 Whitish (95/5/ffa) 7,000 Cottonseed (Refined) 618 Brown (48/2/2) 4,650, Refined Palm Oil 507 Soyabeen Ref 615 Rapeseed Ref 700 Rapeseed Exp 660 Copra white 640 Brown (48/3) ) 4,425, Rice Bran 4-7 FFA 550 Rice Bran 440 Linseed 740 Castor Comm 700, F.S.G. 710 F.S.G. Kandla 690 Mowra 475 Neem 475 Karanji 440 Deoiled cakes (per MT) G N Extr 45 pc 18000 Kardi Extr 6,000 Undec Cottonseed Extr 11,500, Brown 48/4 4,225 Rice Bran Extr 6,600, Sunflowerseed 3,200, Sunflower extr 10,100, Rapeseed N T, Rapeseed extr 10,650, Soyameal 48 pc..22,200 Nigerseed-4 5,175 Castorseed Bombay 3,350 Castor extra 5,600 Castorseed Disa 3,150 Castorseed Hyderabad 3,100 UNI NV RN PD GC1713

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