Commodities

Edible oils rule steady

Our Correspondent Mumbai | Updated on January 19, 2018 Published on February 05, 2016




Edible oils market ruled firm on Friday on back of higher demand at steady prices and bullish futures. On the BCE, barring groundnut and rapeseed oil which gained by ₹10 and ₹5 per 10 kg each, all other edible oils were unchanged. Vikram global commodities traded Malaysian super palmolein at ₹540. Liberty traded palmolein at ₹515, super palmolein ₹541, soyabean refined oil ₹625. Ruchi’s rates: palmolein ₹512, soyabean refined ₹620 and sunflower refined oil ₹745. Allana was quoting palmolein for ₹525, soya refined oil ₹630 and sunflower oil ₹755. In Saurashtra/Rajkot, groundnut oil telia tin was at ₹1,450 (1,460) and loose (10 kg) at ₹920 (925).

BCE spot rates (₹/10 kg): groundnut oil 950 (940), soya ref. 620 (620), sunflower exp. ref. 680 (680), sunflower ref. 745 (745), rapeseed ref. oil 785 (780), rapeseed exp. ref. 755 (750), cottonseed ref. oil 595 (595) and palmolein 502 (502).

Published on February 05, 2016
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