Firm rupee, lack of demand and weak futures kept edible oils market bearish on Tuesday. During the day about 80-100 tonnes of palmolein resold for ready-weekly.At Rajkot, groundnut oil Telia tin was steady ₹1,570 (1,570) and Loose (10 kgs) gain by ₹10 to ₹1,000 (990). On National Commodities and Derivatives Exchange Soyabean refined oil May-17 futures decline by ₹6.50 to 615.50 (622.00) and June-17 dropped by ₹7.40 to ₹613.60 ( ₹621.00).
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.