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Groundnutseed, oil, RBD Palm oil ease; nigerseed rises

By Staff
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Google Oneindia News

Mumbai, Oct 10 (UNI) Prices of groundnutseed and its oil along with RBD palm oil fell today on poor offtake, while nigerseed rose on speculative demand from stockists, traders at the Bombay Commodity Exchange said.

In oilseeds (per quintal), groundnutseed eased by Rs 25 per quintal on lack of fresh demand from bulk consumers. Castorseed Bombay and Disa also slipped by Rs 35 and Rs 40 per quintal respectively, amid sluggish demand by stockists.

However, nigerseed shot up by Rs 50 per quintal following sustained demand by stockists.

In oils (per ten kg), groundnut oil and cottonseed refined declined by Rs five per ten kg each, on persistent offloading by stock holders. Castor comm and Kandla also dropped by Rs seven and Rs 10 per ten kg respectively, amid low buying support by bulk consumers.

Sunflower exp ref recovered by Rs five per ten kg, on improved demand by industrial users.

All de-oiled cakes remained unchanged on scattered buying 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 3,100, Grd' Bold 60/70 4,100, G Nut Raw 620, Javas 60/70 4,400, Javas 70/80 4,325, Javas 80/90 4,225 Kardi (Export Qly) 3,180 Kardi expeller 900, Sesameseed: Seasame Expeller 730 Sunflower Exp 560 Whitish (98/2/ffa) 5,800 Sunflower Exp Ref 625 Whitish (95/5/ffa) 5,575 Cottonseed (Refined) 505 Brown (48/2/2) 4,500, Refined Palm Oil 380 Soyabeen Ref 510 Rapeseed Ref 640 Rapeseed Exp 595 Copra white 630 Brown (48/3) ) 4,300, Rice Bran 4-7 FFA 415 Rice Bran 325 Linseed 660 Castor Comm 636 F.S.G. 646 F.S.G. Kandla 635 Mowra 400 Neem 500 Karanji 415 Deoiled cakes (per MT) G N Extr 45 pc 16,500 Kardi Extr 6,400 Undec Cottonseed Extr 9,300, Brown 48/4 3,950 Rice Bran Extr 6,450, Sunflowerseed 2,800, Sunflower extr 11,000, Rapeseed N T, Rapeseed extr 10,350, Soyameal 48 pc..16,000 Nigerseed-4 4,250 Castorseed Bombay 3,030 Castor extra 5,100 Castorseed Disa 2,910 Castorseed Hyderabad -- UNI NV RN VKG1553

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