Commodities

Edible oils rules steady

Our Correspondent Mumbai | Updated on January 20, 2018 Published on March 01, 2016




Edible oils rule steady to weak . ON BCE baring palmolein and groundnut oil which rose by ₹10 and ₹3 each all other edible oils were unchanged. Soya oil futures on NCDEX decline over ₹3-4 on renew selling pressure. In physical market during the hardly 200-250 tonnes of palmolein resold at ₹525. Liberty was quoting Palmolein Ex Ghatkopar ₹538 and Ex Shapur ₹539 for 15 March. Super Palmolein ex JNPT ₹557 and ex Shapur ₹559 for 15 March. Soyabean refined oil ex Shapur ₹615 for 15 March. Ruchi was quoting Palmolein ex Patalganga and Ex JNPT at ₹530 for 10 March and ₹532 for 11-15 March and ₹535 for 16-31 March. Soyabean refined oil ₹611 for 31 March. Sunflower refined oil ₹765 for 10 March.

Allana was quoting Ex Khopoli Palmolein ₹530 for 15 March and ₹534 for 15–25 March. Soya refined oil ₹611 for 25 March and Sunflower refi. oil ₹765 for 25 March. In Saurashtra–Rajkot Groundnut oil Telia tin was up at ₹1,440 and Loose (10 kgs) was ₹920. Malaysian crude palm oil futures March-16 settled higher at MYR 2,479 (MYR 2,462) and April-16 ended at MYR 2,524 (MYR 2,518).

On National Commodities and Derivatives Exchange Soyabean refined oil March-16 futures decline to ₹618.50 (₹622.15) and April-16 was ₹621.00 (625.15). On The Bombay Commodity Exchange spot rates (₹/10 kg) were: groundnut oil 940 (940), soya refined oil 610(610), sunflower exp. ref. 685 (685), sunflower ref. 760 (760), rapeseed ref. oil 780 (775), rapeseed expeller ref. 750 (750), cottonseed ref. oil 602 (602) and Palmolein 528 (525).

Published on March 01, 2016
This article is closed for comments.
Please Email the Editor