Groundnutseed, RBD Palmolein up, nigerseed declines

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Mumbai, Sep 22 (UNI) Prices of groundnutseed and its oil and RBD palmolein moved up today on speculative demand from stockists, while nigerseed eased amid low buying support from bulk conumers, traders at the Bombay Commodity Exchange said.

Prices of groundnut hiked by Rs 25 per quintal on speculative demand by stockists. Nigerseed fell by Rs 50 on sluggish demand by bulk conumsers. Both castorseed Bombay and Disa declined by Rs 10 and Rs 45 per quintal respectively, on poor buying support by local dealers.

However, javas 60/70, javas 70/80 and javas 80/90 remained unaltered on moderate demand by bulk conumsers, traders said.

In edible oils (per ten kg), groundnut oil and refined palm oil improved by Rs five and Rs three per ten kg respectively, on improved demand. Cottonseed (refined) also rose by Rs five on better buying suport.

Castor comm slightly reduced by Rs two per ten kg on sluggish demand.

In de-oiled cakes, except undec cottonseed, all cakes remained flat on scattered buying support by stockists. Undec cottonseed shed by Rs 200 per metric tonne amid sustained heavy selling pressure by stockists, 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 3,125, Grd' Bold 60/70 4,265, G Nut Raw 625, Javas 60/70 4,325, Javas 70/80 4,190, Javas 80/90 4,025 Kardi (Export Qly) 3,115 Kardi expeller 900, Sesameseed: Seasame Expeller 720 Sunflower Exp 540 Whitish (98/2/ffa) 5,700 Sunflower Exp Ref 610 Whitish (95/5/ffa) 5,575 Cottonseed (Refined) 535 Brown (48/2/2) 4,500, Refined Palm Oil 418 Soyabeen Ref 545 Rapeseed Ref 660.

Rapeseed Exp 631 Copra white 640 Brown (48/3) ) 4,300, Rice Bran 4-7 FFA 475 Rice Bran 372 Linseed 665 Castor Comm 673, F.S.G. 683 F.S.G. Kandla 650 Mowra 400 Neem 500 Karanji 425 Deoiled cakes (per MT) G N Extr 45 pc 17,775 Kardi Extr 6,400 Undec Cottonseed Extr 10,100, Brown 48/4 4,000 Rice Bran Extr 6,850, Sunflowerseed 2,800, Sunflower extr 11,350, Rapeseed N T, Rapeseed extr 10,400, Soyameal 48 pc..22,000 Nigerseed-4 4,350 Castorseed Bombay 3,215 Castor extra 5,000 Castorseed Disa 2,980 Castorseed Hyderabad 3,000 UNI NV RN NP1657

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