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Rajkot Oilseeds Complex Open- July 16
July 16, 2012 / 8:03 AM / 5 years ago

Rajkot Oilseeds Complex Open- July 16

* Edible oil prices were steady to firm in the early trades.
    * Groundnut oil prices were stable due to restricted buying and selling.
    * Cottonseed oil improved further due to retail demand.
    * Mustard oil moved up due to short supply.
    * Palm olien firmed up due to thin supply.
    * Castor oil increased due to export demand.
                                        Today's Arrivals;
      --Groundnut, in 35-kg bags:   30,000 versus   30,000 previous
      --Castor seed, in 75-kg bags:0,50,000-0,51,000 versus   55,000-0,56,000
previous

    Groundnut deliveries in 35-kg bags, and prices in rupees per 20 kgs, in some
of the main markets in the Saurashtra region of western state of Gujarat:
                 Today's       Today's       Previous    Previous
               deliveries       price      deliveries     price
    Rajkot       4,000         862-1,035      2,500      862-1,046
    Gondal       4,500         877-1,022      4,000      860-1,025
    Jasdan         500         870-1,040        500      877-1,023
    Jamnagar     1,500         900-1,055      1,000      908-1,038
    Junagadh     3,000         875-1,023      3,500      874-1,040
    Keshod       1,000         890-1,015      1,500      875-1,033

    Opening Rajkot groundnut prices, in rupees per 20 kilograms:
                        Groundnut small              Groundnut bold
                   Today's open  Previous end  Today's open   Previous end
    Market delivery    865-1,035   864-1,046      862-0,986     862-0,991
    (auction price)
    Market delivery  1,075-1,080  1,075-1,080   1,025-1,030    1,025-1,030
    (traders price)
    Plant delivery   1,090-1,091  1,090-1,091   1,040-1,041    1,040-1,041

    Auction prices of other oilseeds, in rupees per 20 kilograms, and deliveries
on 100-kg bags at Rajkot:
    Oilseeds        No. of deliveries     Auction prices    Previous price
    Sesame (White)       2,400              1,515-1,708       1,561-1,724
    Sesame (Black)         425              1,320-2,065       1,275-2,100
    Soybean                ---                  ---               ---


    Castorseed             300                662-0,695         646-0,682
    Rapeseeds              --5                740-780           680-760

    Opening Rajkot plant delivery oil prices, in rupees:
                             -------10 kg-------    -------15 kg-------


                             Today's    Previous    Today's    Previous
                             open        close      open        close
    Groundnut oil            1,220       1,220      1,865       1,865
    Groundnut oil refined
    (15-liter tin)            ---         ---       1,970       1,970
    Rapeseed expeller oil     n.q.        n.q.       ---         ---


    Rapeseed refined oil      n.q.        n.q.       n.q.        n.q.
    Cottonseed oil whitewash  701         694        ---         ---


    Cottonseed oil refin1d    723         716     1,120-1,125  1,110-1,115
    Soybean expeller oil      ---         ---        ---         ---


    Soybean oil refined       n.q.        n.q.     n.q.        n.q.
    Sesame oil              1,340       1,340    2,060-2,070 2,060-2,070
    Castor oil commercial     735         715    1,140-1,145 1,100-1,105
    Castor oil BSS            745         725    1,160-1,165 1,120-1,125

    Opening Rajkot market delivery prices, in rupees per 15-kg tin:
                                      Today's open      Previous close
    Groundnut oil                     2,045-2,050       2,045-2,050
    Groundnut oil label tin           2,055-2,060       2,055-2,060
    Groundnut oil fresh tin           2,075-2,080       2,075-2,080
    Groundnut oil refined (15 liters)   2,080             2,080
    Cottonseed oil refined            1,175-1,180       1,170-1,175
    Rapeseed oil refined              1,335-1,340       1,315-1,320
    Palm oil                          1,005-1,010         995-1,000
    Sesame oil                        2,170-2,175       2,170-2,175
    Soybean oil refined               n.q.                n.q.
    Coconut oil                       1,135-1,140       1,135-1,140
    Vanaspati ghee                    1,070-1,075       1,070-1,075
    Castor oil commercial             1,230-1,235       1,180-1,185
    Castor oil BSS                    1,250-1,255       1,200-1,205

Note: Transport costs and taxes are excluded from plant delivery prices, but
      included in market prices.

    n.q.= not quoted

    Groundnut is also known as peanut
    Rapeseed is also known as mustard seed

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