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Edible oils market ruled weak on slack demand despite a rebound in futures. On the BCE, groundnut oil jumped by ₹25. Increase in arrivals and selling pressure cooled down soya and cotton oil by ₹3 and ₹2 per 10 kg each. Sources said as stockists preferred to fulfil old commitments, the volume remained thin and isolated. Liberty’s rates: palmolein ₹565, super palmolein ₹598 and soyabean refined oil ₹670. Allana traded palmolein for ₹567, soya refined oil ₹662 and sunflower refined oil ₹725. At Rajkot, groundnut oil telia tin increased to ₹1,450 (1,400) and loose (10 kg) jumped to ₹925 (900). BCE spot rates (₹/10 kg): groundnut oil 950 (925), soya ref. 652 (655), sunflower exp. ref. 660 (660), sunflower ref. 720 (720), rapeseed ref. 860 (860), rapeseed exp. ref. 830 (830), cottonseed ref. 648 (650) and palmolein 560 (560).
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