July 16, 2012 / 1:23 PM / 5 years ago

Rajkot Oilseed Complex Close- July 16

* Groundnut oil prices were steady due to restricted buying and selling.  
* Cottonseed oil increased due to retail demand.    
* Mustard oil moved up further due to short supply.
* Palm olien firmed up due to thin supply. 
* Castor oil improved due to export demand.                   
                                             
    Closing prices of groundnut in Rajkot, in rupees per 20 kg:
                        Groundnut small         Groundnut bold
                       Today's      Previous    Today's    Previous
                        close        close      close       close
    Market delivery   865-1,035    864-1,046    862-986     862-991       
    (Auction price)
    Market delivery   1,085-1,090  1,075-1,080 1,035-1,040 1,025-1,030
    (Traders' price) 
    Plant delivery    1,100-1,101  1,090-1,091 1,050-1,051 1,040-1,041

    Rajkot Plant Delivery closing oil prices, in rupees:
                                 ------10-kg tin-----  -----15-kg tin-----

                                   Today's   Previous   Today's   Previous
                                     close    close     close      close
    Groundnut oil                   1,220     1,220     1,865      1,865
    Groundnut oil refined (15-liter)  --       --       1,970      1,970
    Rapeseed expeller oil            n.q.      n.q.      n.q.       n.q.
    Cottonseed oil white wash        707       694        --         --

    Cottonseed oil refined           729       716   1,130-1,135  1,110-1,115
    Soybean expeller oil             n.q.      n.q.      --          --

    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
    Palm olein                       --         --       n.q.       n.q.

    Closing Rajkot market delivery prices, in rupees per 15-kg tin:
                                    Today's close      Previous close
    Groundnut oil                    2,045-2,050        2,045-2,050 
    Groundnut oil labeled 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-liter)   2,080              2,080
    Cottonseed oil refined           1,190-1,195        1,170-1,175 
    Rapeseed oil refined             1,335-1,340        1,315-1,320
    Palm olein                       1,000-1,005        0,995-1,000
    Sesame oil                       2,170-2,175        2,170-2,175
    Soybean oil refined                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
 
    Closing Rajkot plant delivery oil cake prices, in rupees/tonne:
                        Today's close       Previous close
    Groundnut meal      33,400-33,500       32,400-32,500
    Rapeseed meal           n.q.                 n.q.

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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