The Archive · 1928

Vegetable Oils and Oilseeds

Markets are steady to firm, but the volume of trade is not large.

Linseed oil has continued firm sympathy with seed, and is slightly dearer on the week. Demand from consumers is slow. Current value is £29 5s per ton naked for April delivery. Cotton oil is in poor demand, and values are about unchanged, crude Egyptian offering at £33 15s and technical refined at £36.

In the oilseed section linseed remains firm on a good demand from the Continent, where the situation is dominated by a strong demand for oileake. Plate, on spot at Hull, has been done up to £15 15s, and April-May at £15 188 9d, though later 10s was accepted' for March ment. The quantity of lineeed on passage to Europe continues Substantial, viz, 255,500 tons, against 242,800 tons at the same date last year, Only a small trade haa been done in Egyptian cotton seed at S11 3s Mi to £11 Gs 3d for March and April loading. A fair business has taken place in Bombay at £9 23 Gd for shipment. Oileakes remain in good request and late \walues are firmly held.

Text read from the printed page and cleaned; old type leaves the occasional error.

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