Mixed trend in edible oils

Our Bureau Updated - February 26, 2018 at 09:44 PM.

Cooking oil is displayed for sale at a market in Mumbai, India, on Tuesday, Jan. 11, 2011. India, facing the highest food inflation in six months, should emulate China in building strategic stockpiles of staples to cool prices, according to Adani Enterprises Ltd., the nation's biggest farm goods trader. Photographer: Adeel Halim/Bloomberg

Edible oils in Mumbai showed a mixed trend despite extended gain in Malaysian palm oil futures. Weaker rupee and higher demand pushed up prices of cotton oil by ₹5 and sunflower oil by ₹3 per 10 kg each. Groundnut oil and palmolein declined by ₹10 and ₹2 each. Local retail demand improved encouraging fresh buys from stockists.At Rajkot, groundnut oil telia tin was at ₹1,300 (1,315) and loose (10 kg) eased to ₹810 (820).

Published on February 26, 2018 15:17