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By Controls and Buffer Stocks
By Controls and Buffer Stocks?
Nishtar THE oilseeds market has developed remarkable strength. Bulls have turned aggressive. They have not only rigged new crop contracts in linseed, castor and cottonseed to new high levels but they have also lent sizeable support to forward positions in groundnut oil. Within a week, oilseeds futures have risen by about Rs 5 a quintal, and the quotations for groundnut oil November and December deliveries have moved up by about Rs 400 a tonne. The sharp upswing has occurred amidst prospects of reasonably good supply. Cottonseed futures have been pushed up although the spot material is quoted at a discount at all the important centres. And the prices of groundnut oil