Edible oils market ruled mixed on back of nominal demand amid thin volatility in Malaysian palm oil futures. On the BCE, groundnut oil and soya oil declined by ₹5 per 10 kg each. Sunflower and palmolein rose by ₹5 and ₹4 each. Rapeseed and cotton oil were unchanged. Sources said local refineries kept their rates unchanged. In ready, about 200 tonnes of palmolein were resold at ₹723-725. For April delivery, Allana sold about 800 tonnes and Golden Agri offloaded about 600 tonnes of palmolein for ₹727-730. At Rajkot, groundnut oil telia tin was steady at ₹1,280 and loose (10 kg) declined to ₹790 (800).
COMMENT NOW
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.