In the edible oils market, imported palmolein declined by ₹3 and soyabean refined oil ruled steady. Sunflower and rapeseed oil lost ₹5 each. Cotton refined oil was up ₹2 and groundnut oil by ₹20 for 10 kg eachA broker said that after active volumes witnessed in the last three days stockists stayed away from the market tracking volatile futures amid slack demand. Vikram Global Commodities (P) Ltd, Chennai, quoted ₹530/10 kg for September delivery of Malaysian super palmolein. Liberty was quoting palmolein at ₹495/498, super palmolein ₹520 and soyabean refined oil ₹595. Ruchi traded palmolein for ₹495, soyabean refined oil ₹592 and sunflower refined oil ₹590. Allana’s rates for palmolein were ₹525, super palmolein ₹550, soyabean refined oil ₹610 and sunflower oil ₹595. In Saurashtra-Rajkot, groundnut Telia tin was at ₹1,190 (₹1,180) and loose (10 kg) at ₹755 (₹750).
BCE spot rates (₹/10 kg): groundnut oil 785 (765), soya refined oil 590 (590), sunflower exp. ref. 535 (540), sunflower ref. 590 (595), rapeseed ref. oil 710 (714), rapeseed expeller ref. 680 (684) cottonseed ref. oil 625 (623) and palmolein 494 (497).
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.