March 7, 2013 / 9:59 AM / 4 years ago

Rajkot Oilseeds Complex Open-Mar 07

* Edible oil prices were steady to weak in the early trades.
    * Groundnut oil prices were steady due to restricted buying and selling.
    * Cottonseed oil eased due to sufficient supply.
    * Mustard oil dropped due to poor retail demand.
                                                    Today's Arrivals;
      --Groundnut, in 35-kg bags:   25,000 versus   25,000 previous
      --Castor seed, in 75-kg bags:0,65,000-0,66,000 versus   80,000-0,81,000
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       2,000         830-1,030      3,000      825-1,025
    Gondal       1,500         818-1,014      2,000      831-1,006
    Jasdan         500         800-1,021        500      805-1,033
    Jamnagar     1,000         828-1,034      1,500      815-1,069
    Junagadh     2,000         780-1,009      2,000      770-1,020
    Keshod       1,000         760-1,005      1,000      756-1,012

    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    865-1,030   850-1,025      830-0,975     825-0,970
    (auction price)
    Market delivery  1,085-1,090  1,085-1,090   1,055-1,060    1,055-1,060
    (traders price)
    Plant delivery   1,100-1,101  1,100-1,101   1,070-1,071    1,070-1,071

    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)         388              1,970-2,250       1,990-2,267
    Sesame (Black)         176              2,130-2,425       2,210-2,530
    Soybean                ---                  ---               ---


    Castorseed           2,150                680-0,696         675-0,691
    Rapeseeds              230                550-600           590-603

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


                             Today's    Previous    Today's    Previous
                             open        close      open        close
    Groundnut oil            1,180       1,180      1,810       1,810
    Groundnut oil refined
    (15-liter tin)            ---         ---       1,940       1,940
    Rapeseed expeller oil     n.q.        n.q.       ---         ---


    Rapeseed refined oil      n.q.        n.q.       n.q.        n.q.
    Cottonseed oil whitewash  585         587        ---         ---


    Cottonseed oil refin1d    607         609       970-0,975    975-0,990
    Soybean expeller oil      ---         ---        ---         ---


    Soybean oil refined       n.q.        n.q.     n.q.        n.q.
    Sesame oil              1,940       1,940    3,000-3,010 3,000-3,010
    Castor oil commercial     745         745    1,160-1,165 1,160-1,165
    Castor oil BSS            755         755    1,180-1,185 1,180-1,185

    Opening Rajkot market delivery prices, in rupees per 15-kg tin:
                                      Today's open      Previous close
    Groundnut oil                     2,010-2,015       2,010-2,015
    Groundnut oil label tin           2,020-2,025       2,020-2,025
    Groundnut oil fresh tin           2,040-2,045       2,040-2,045
    Groundnut oil refined (15 liters)   2,050             2,050
    Cottonseed oil refined            1,040-1,045       1,045-1,050
    Rapeseed oil refined              1,140-1,145       1,160-1,165
    Palm oil                            855-0,860         855-0,860
    Sesame oil                        3,150-3,155       3,150-3,155
    Soybean oil refined               n.q.                n.q.
    Coconut oil                       1,200-1,205       1,200-1,205
    Vanaspati ghee                      835-0,840         835-0,840
    Castor oil commercial             1,250-1,255       1,250-1,255
    Castor oil BSS                    1,270-1,275       1,270-1,275

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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