Edible oils remain weak

The edible oils market witnessed a volume-less day on Monday, tracking bearish overseas futures and slack physical demand, amid tight financial position in markets. Despite price reduction by local refineries there were no fresh demand/volumes during the day.Resellers were offering palmolein at ₹570 while refineries rates were ₹10-15 higher. BCE was closed on Monday for holiday and the market remained weak in line with foreign markets.