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Edible oils market witnessed a steady trend tracking thin volatility in futures markets amid slack demand. On the Bombay Commodity Exchange, groundnut oil declined by ₹5 while palmolein rose by ₹1 for 10 kg. Vikram Global Commodities (P) Ltd quoted ₹545 for Malaysian super palm June delivery. Liberty traded palmolein at ₹515 JNPT, super palmolein ₹543 and soyabean refined oil ₹605. Ruchi was quoting palmolein for ₹514 JNPT, soyabean refined oil ₹601, sunflower refined oil ₹701. Allana’s rates: palmolein ₹516, super palmolein ₹550, soyabean refined oil ₹603 and sunflower oil ₹705. In Saurashtra-Rajkot, groundnut oil Telia tin ruled steady at ₹1,510 and loose (10 kg) ₹975.
BCE spot rates (₹/10 kg): groundnut oil 945 (940), soya ref. oil 600 (600), sunflower exp. ref. 655 (655), sunflower ref. 700 (700), rapeseed ref. oil 880 (880), rapeseed exp. ref. 850 (850), cottonseed ref. oil 610 (610) and palmolein 511 (510).
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