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Sentiment in edible oils market turned bullish on Monday tracking firm futures amid improved physical demand. Spurt in Malaysian palm oil and firm Chicago soya oil projections lifted palmolein and soya oil by ₹4 and ₹3 each and cotton refined oil by ₹7 for 10 kg on the Bombay Commodity Exchange. Liberty was quoting palmolein at ₹515, super palmolein ₹540 and soyabean refined oil ₹610. Ruchi’s rates: palmolein ₹515, soyabean refined oil ₹605 and sunflower refined oil ₹625. Allana traded palmolein for ₹522, super palmolein ₹543, soyabean refined oil ₹605, sunflower oil ₹628.
In Saurashtra-Rajkot, groundnut oil Telia tin was ₹1,425 (1,420) and loose (10 kg) at ₹915 (900).
BCE spot rates (₹/10 kg): groundnut oil 920 (920), soya refined oil 605 (602), sunflower exp. ref. 575 (575), sunflower ref. 625 (625), rapeseed ref. oil 710 (715), rapeseed expeller ref. 680 (685), cottonseed ref. oil 582 (575) and palmolein 512 (508).
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