Bullish futures lift cooking oils bl-premium-article-image

Our Correspondent Updated - January 24, 2018 at 03:00 AM.

Edible oils market witnessed a higher volume at steady prices on the back of renewed physical demand and bullish futures. On the Bombay Commodity Exchange, cotton and palmolein was up by ₹1/10 kg each. Rapeseed oil lost ₹10. Vikram Global Commodities quoted ₹540 for Malaysian super palm June delivery. Liberty was quoting palmolein for ₹505 JNPT, super palmolein ₹535 and soyabean refined oil ₹592. Ruchi traded palmolein at ₹503, soyabean refined oil ₹587, sunflower refined oil ₹685. Allana was quoting palmolein at ₹506, super palmolein ₹535, soyabean refined oil ₹587 and sunflower oil ₹695. In Saurashtra-Rajkot, groundnut oil Telia tin ruled steady at ₹1,595 and loose (10 kg) at ₹1,025.

BCE spot rates (₹/10 kg): groundnut oil 960 (960), soya ref. 587 (587), sunflower exp. ref. 620 (620), sunflower ref. 685 (685), rapeseed ref. oil 860 (870), rapeseed exp. ref. 830 (840), cottonseed ref. oil 610 (609) and palmolein 501 (500).

Published on June 24, 2015 16:19