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Saturday, Feb 11, 2006


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Agri-Biz & Commodities - Commodity Markets


Groundnut oil rules firm

Mumbai: Groundnut oil firmed up on some fresh enquiries on the oil and oilseed market on Friday.

Castor oil also firmed up further on continued buying interest.

Castorseed futures ended lower on limited buying.

Imported refined soya oil was up Re 1 at Rs 352 per 10 kg. Groundnut oil raw was up Re 1 at Rs 439 per 10 kg on steady Gujarat advices.

RBD palmolein was down Re 1 at Rs 368 per 10 kg.

Castor oil commercial grade was up Rs 2 at Rs 321 per 10 kg.

In futures segment, castor seed April contracts ended lower at Rs 1,519 per quintal, down by Rs 7 over previous close.

Spot sugar dips

Mumbai: Sugar spot prices fell sharply at the Vashi wholesale market on Friday on news of additional free sale quota of 1.5 lakh tonnes announced by the Union Government.

Small grade (S-30) was down Rs 28 at Rs 1,970-2,000 a quintal over previous day.

Medium grade (M-30) was down Rs 12 at Rs 2,006-2,041 aquintal.

Wheat recovers

New Delhi: Wheat dara (for mills) regained strength to close higher in the wholesale grains market on Friday on restricted arrivals against pick up in demand from rolling flourmills and ended in positive zone.

Wheat dara (for mills) prices were up by Rs 15 at Rs 890-925 per quintal, while wheat MP (deshi) up by Rs 10 at Rs 1,110-1,270 a quintal.

Bajra traded Rs 10 higher at Rs 640-655 per quintal.

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Sugar prices likely to stay firm in line with global trend
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1.5 lakh t extra sugar released
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Groundnut oil rules firm



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