Commodities

Cooking oils in bear grip

Our Correspondent Indore | Updated on January 09, 2018 Published on December 21, 2017


Barring groundnut oil, majority of oils traded lower on weak global cues and slack demand with soya refined being quoted at ₹708-12 for 10 kg, while soya solvent ruled at ₹675.

Palm and cotton oils also traded lower at ₹670 and ₹648-50 respectively.

Amid weak availability, groundnut oil ruled higher at ₹10,010-30. Mustard seeds in the spot market edged up at ₹5,450 a quintal, while raida ruled at ₹3,500.

Plant deliveries of mustard seeds for Jaipur line were lower at ₹4,090-95 a quintal. Similarly, weak arrivals perked up soyabeanto ₹3,050.

Published on December 21, 2017
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