Page 205 - CW E-Magazine (1-4-2025)
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Vegetable Oil Market


       Groundnut, Cottonseed and Castor move down


         The vegetable oil market remained sluggish during the past
       week under review. Groundnut and Cottonseed oils fell by over a
       percent, while Castor oil was down by around 0.75%. Linseed oil
       moved up marginally. Sesame, Sunfl ower and Rapeseed oils
       remained steady. Among imported oils, RBD palmolein was down
       by under a percent while crude Palm and crude degummed
       Soyabean were cheaper by over 2% each. In solvent extracted
       oils, Soyabean was down by over a percent, Rice brans remained
       unmoved and Neem oil was down by 0.60%. Comparing the prices
       of some of the oils over the same period last year, groundnut is
       cheaper by 8%. Rapeseed is costlier by 25%, while linseed is costlier
       by 36% and sunfl ower is up by 52%. Sesame is cheaper by 5% and
       castor is costlier by 3%, while cottonseed is costlier by 34%.

                                           Mar-2025        Mar-2025      Change        Average    Change
        Name of oils
                                                 21st           13th         [%]     Mar-2024        [%]

        Local oils
        Groundnut oil                        137,000         138,500       -1.08      148,854       -7.96
        Rapeseed oil                         128,000         128,000           –      102,367       25.04

        Sunfl ower oil                        137,000         137,000           –        89,896      52.40
        Linseed oil                          131,500         131,000        0.38        96,896      35.71

        Sesame oil                           240,000         240,000           –      253,250       -5.23
        Washed cottonseed oil                128,500         130,000       -1.15        95,604      34.41
        Castor oil (commercial)              127,000         128,000       -0.78      122,771        3.44
        Imported oils

        RBD palmolein                        134,000         134,500       -0.37        93,783      42.88
        Crude degummed soybean oil           122,000         124,500       -2.01        91,583      33.21
        (ex-Mumbai)

        Crude palm oil (5%) (ex-Kandla)      129,100         132,300       -2.42        91,150      41.63
        Solvent extracted oils
        Soyabean oil (Indore)                120,500         122,000       -1.23        92,646      30.06

        Rice bran oil (RG-I)                 106,000         106,000           –        76,583      38.41
        Rice bran oil (RG-II) (industrial)   103,000         103,000           –        73,583      39.98
        Neem oil                             165,000         166,000       -0.60      158,087        4.37

       Note: Rates in Rs. per ton.
       Source: Solvent Extractors Association of India.

       Chemical Weekly  April 1, 2025                                                                  205


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