The Hindu Business Line : Imported refined soya oil declines

IMPORTED refined soya oil moved down, while groundnut oil ruled firm on the local edible oils market on Monday on limited buying interest amid continued inflows of imported oils.

Castor oil ruled weak on continued offerings. Castor seed August contracts suffered a setback on some quick selling.

RBD palmolein was steady at Rs 362 per 10 kg on scattered buying. Imported refined soya oil was down by a rupee at Rs 356 per 10 kg. Castor oil commercial grade was steady at Rs 374 per 10 kg.

Raw groundnut oilwas up by a rupee at Rs 456 per 10 kg on some fresh buying enquiries. Castor seed August contracts opened higher at Rs 1,770 per quintal on continued buying support but they ended lower at Rs 1,738 per quintal on some quick selling.

Sugar prices ruled firm at the Vashi wholesale market on Monday on steady upcountry buying amid steady inflows.

Small grade (S-30) was up Rs 2 at Rs 1,732/1,771 a quintal. Medium grade (M-30) was steady at Rs 1,770/1,820 a quintal over previous close.<137>

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