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On the back of weak rupee, imported edible oils such as palmolein and soyabean refined oil gained ₹3 each, while rapeseed oil rose by ₹5. Groundnut oil declined by ₹5 for 10 kg. Sunflower and cotton refined oil ruled unchanged. Local refineries increased their rates for palmolein by ₹2 on improved local demand. During the day, 1,700-1,800 tonnes of palmolein and super palmolein were sold by local refineries to stockists . Liberty sold 300 tonnes of palmolein at ₹574 and 400 tonnes super palmolein at ₹591-595. Ruchi sold about 800-900 tonnes of palmolein at ₹569-572 for nearby due and ₹572-574 for forward. Allana sold 300 tonnes of palmolein at ₹571 for August.
Liberty was quoting palmolein for ₹576, super palmolein ₹596 and soyabean refined oil ₹648. Ruchi was quoting palmolein at ₹572-574, soyabean refined oil ₹643-645 and sunflower refined oil ₹643-646. Allana was quoting palmolein at ₹573-577, soyabean refined oil ₹645 and sunflower refined oil ₹645. In Saurashtra, groundnut telia tin was up ₹10 to ₹1,210 and loose (10 kg) increase by ₹5 to ₹775.
BCE spot rates (₹/10 kg): groundnut oil 780 (785), soya refined oil 645 (642), sunflower exp. ref. 590 (580), sunflower ref. 642 (645), rapeseed ref. oil 705 (700), rapeseed expeller ref. 675 (670) cottonseed ref. oil 662 (662) and palmolein 570 (567).
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