ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Bumper Crop to No Avail

THE oilseeds market moved on to a new high point last week. Castor, Un-seed and cottonseed futures, and ground-nut oil, have recorded further sizeable gains and there is no knowing how far prices might rise. Groundnut oil arri-vals have been quite normal and very satisfactory but offtake has kept on the higher side this time. Vanaspati manu-facturers have remained keen buyers. Apart from its considerably stepped up capacity, the vanaspati industry has now to rely almost entirely on groundnut oil because the supply of soyabean oil re-mains suspended and cottonseed oil is not so easily available.

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