Expectations Falsified

Oilseeds Market Ablaze Nishtar THE oilseeds market is ablaze. Prices have continued to surge forward week after week, and the rise has far exceeded the expectations of even the inveterate bulls. On January 6 groundnut oil ready in Bombay was quoted around Rs 4,625 (a tonne), cottonseed oil at Rs 4,500, linseed oil at Rs 4,700, and castor oil (commercial) at Rs 3,100. Never before has groundnut oil been quoted so high during December/January