Page 203 - CW E-Magazine (18-3-2025)
P. 203
Vegetable Oil Market
Sunfl ower, Rapeseed and Groundnut down
Downtrend prevailed in the market during the past week under
review. Groundnut, Rapeseed and Sunfl ower oils fell by over
a percent. Castor oil was down by just under a percent while
Sesame oil held fi rm. Cottonseed oil moved up by over 1.50%,
while Linseed oil eased up by about 0.80%. Among imported oils,
RBD palmolein was down by about 0.40%, crude Palm gained
marginally and crude degummed Soyabean fell by over 0.50%.
In solvent extracted oils, Soyabean, Rice brans and Neem oils
remained unmoved. Comparing the prices of some of the oils over
the same period last year, groundnut is cheaper by 5%. Rapeseed
is costlier by 30%, while linseed is costlier by 37% and sunfl ower
is up by 52%. Sesame is cheaper by 5% and castor is costlier by
4%, while cottonseed is costlier by 39%.
Mar-2025 Feb-2025 Change Average Change
Name of oils
07th 28th [%] Mar-2024 [%]
Local oils
Groundnut oil 141,000 142,500 -1.05 148,854 -5.28
Rapeseed oil 133,500 135,000 -1.11 102,367 30.41
Sunfl ower oil 137,000 138,500 -1.08 89,896 52.40
Linseed oil 132,500 131,500 0.76 96,896 36.74
Sesame oil 240,000 240,000 – 253,250 -5.23
Washed cottonseed oil 133,000 131,000 1.53 95,604 39.12
Castor oil (commercial) 128,000 129,000 -0.78 122,771 4.26
Imported oils
RBD palmolein 136,000 136,500 -0.37 93,783 45.02
Crude degummed soybean oil 127,800 128,500 -0.54 91,583 39.55
(ex-Mumbai)
Crude palm oil (5%) (ex-Kandla) 133,800 133,500 0.22 91,150 46.79
Solvent extracted oils
Soyabean oil (Indore) 124,500 124,500 – 92,646 34.38
Rice bran oil (RG-I) 106,500 106,500 – 76,583 39.06
Rice bran oil (RG-II) (industrial) 103,500 103,500 – 73,583 40.66
Neem oil 166,000 166,000 – 158,087 5.01
Note: Rates in Rs. per ton.
Source: Solvent Extractors Association of India.
Chemical Weekly March 18, 2025 203
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