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Edible oils market ruled firm tracking bullish futures amid higher physical demand. Local refineries increased their rates in line with firm overseas markets and considering weak domestic currency which makes import costlier. Vikram global commodities quoted Malaysian super palmolein at ₹519. Liberty traded palmolein for ₹500, super palmolein ₹526 and soyabean refined ₹622. Ruchi’s rates: palmolein ₹497, soyabean refined ₹617, sunflower refined oil ₹740.
In Saurashtra/Rajkot, groundnut oil telia tin was flat at ₹1,430 and loose (10 kg) ₹910.
BCE spot rates (₹/10 kg): groundnut oil 950 (940), soya ref. 617 (615), sunflower exp. ref. 675 (675), sunflower ref. 740 (740), rapeseed ref. 790 (790), rapeseed exp. ref. 760 (760), cottonseed ref. oil 590 (592) and palmolein 492 (480).
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