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Edible oils market ruled weak on lack of demand, bearish futures amid weak rupee making import costly. On BCE price wise majority of oils gained by ₹1. Malaysian palm oil and NCDEX soya oil futures show a bearish trend. In physical during the day hardly 300 tonnes palmolein resold at ₹719-723. Liberty: Palmolein ex STC / ex JNPT ₹748 for 5 June. Super palmolein ₹778 for 5 June and sunflower refined oil ₹790 for 5 June. Allana: Palmolein ex Khopoli ₹750 for 30 May, Soyabean refined oil ₹775 for 30 May and Sunflower refined oil ₹775 for 30 May. Ruchi: ex Patalganga Soya refined oil ₹765 and sunflower refi.oil ₹765 for 30 May. Golden agri : Palmolein ex JNPT ₹735 and Ex STC ₹735 for 10June.
At Rajkot : groundnut oil Telia Tin was steady at ₹1,310 (₹1,310) and Loose (10 kg) was at ₹810 (₹810). Malaysian crude palm oil, June -18 futures closed flat at MYR2,433 (MYR 2,433), July- 18 at MYR 2,439(MYR 2,443) and August-18 close at MYR2,445 (MYR2,450). On NCDEX: Soyabean refined oil June-18 futures was dropped to ₹767.60 (₹773.75) and July -18 decline to ₹778 (₹782.35) till evening.
On BCE spot rates (₹/10 kg) were: groundnut oil 845 (845), soya refined oil 753 (752), sunflower exp. ref. 705 (705), sunflower ref. 755 (755), rapeseed ref. oil 810 (805), rapeseed expeller ref. 780 (775), cottonseed ref. oil 765 (764) and Palmolein 723 (722).
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