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Edible oils market ruled weak on slack demand for the second consecutive day. Arrivals of rain in producing centres pull down indigenous oils such as groundnut, cotton and sunflower refined by ₹5, ₹5 and ₹3 for 10 kg each. Imported palmolein declined by ₹3. Soyabean refined and rapeseed oil ruled unchanged. The volume remained low as stockists stayed away. Liberty traded palmolein for ₹570, super palmolein ₹590 and soyabean refined oil ₹642. Ruchi was quoting palmolein at ₹564 , soyabean refined oil ₹628 And sunflower refined oil ₹630 for August. Allana was quoting palmolein at ₹564 , soyabean refined oil ₹627 and sunflower refined oil ₹629 for August. In Saurashtra, groundnut oil Telia tin declined by ₹25 to ₹1,200 and loose (10 kg) by ₹15 to ₹765.
BCE spot rates (₹/10 kg): groundnut oil 785 (790), soya refined oil 638 (638), sunflower exp. ref. 575 (580), sunflower ref. 635 (640), rapeseed ref. oil 719 (719), rapeseed expeller ref. 689 (689) cottonseed ref. oil 655 (658) and palmolein 567 (570).
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