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Last Updated :Feb 11, 13:59 IST
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Groundnut Oil
Updated 18:00 IST 02 Nov 2011

Dhara, the leading cooking oil brand in India, launched new variant of refined vegetable oil with a unque feature 'Low Absorb Technology'.

MCX Nickel 29 February 2012 contract was trading at Rs Rs 989.3 , up Rs. 0.6 . What's your view on it?
Know Groundnut Oil

A native of South America groundnut or peanut is one of the important oilseed in the world. Known for its ability to survive in less favorable agro-climatic conditions, peanuts have above 40% oil content. Used as edible oil in many parts of world it is also oil cake derived after extracting oil is also used as cattle feed.


Groundnut is the major oilseed crop in India accounting for 45% of oilseed area and 55% of oilseed production in the country. Groundnut (Arachis hypogaea L.) is believed to be the native of Brazil to Peru, Argentina and Ghana, from where it was introduced into Jamaica, Cuba and other West Indies islands. It was introduced into India during the first half of the sixteenth century from one of the Pacific islands of China, where it was introduced earlier from either Central America or South America. Now India along with china accounts for half of the world's groundnut production.

COMMODITIES
Bullion
223 28,012(0.8%)
900 59,500(1.54%)
0 2,464(0%)
Cereals
0 1,188(0%)
0 2,968(0%)
0 4,058(0%)
Energy
-19 5,552(-0.34%)
4.5 137(3.39%)
Metals
0.6 113(0.53%)
53.5 1,100(5.11%)
0.9 427(0.21%)
Fibers
-250 18,700(-1.32%)
-30.8 918(-3.25%)
Oil & Oilseeds
0.2 528(0.04%)
37.1 1,273(3%)
59.6 1,549(4%)
Plantation
-2 19,180(-0.01%)
Pulses
-101 3,272(-2.99%)
Spices
13.6 722(1.92%)
0 4,058(0%)
Others
0 11,536(0%)
59.6 1,549(4%)
0 2,968(0%)