As stockists have covered more than 1,000 tonnes of palmolein and other oils the previous day, they kept away from fresh bet due to market closure for Ram Navami festival.

Malaysian palm oil futures closed lower.

Volume was thin and isolated, said a broker. During the day, 80- 100 tonnes palmolein changed hands in isolated resale trade.

At the close of the day Liberty quoted palmolein at Rs 511-515; super palmolein Rs 545 and sunflower refined oil Rs 780.

Ruchi quoted palmolein at Rs 515 ex-Patalganga, soyabean refined oil Rs 675 and sunflower refined oil Rs 765.

Allana quoted super palmolein at Rs 545. Resellers were quoting at Rs 508-510.

In Saurashtra – Rajkot, groundnut oil was unchanged at Rs 1,875 for a telia tin and Rs 1,225 for loose 10 kg.

In Malaysia BMD, crude palm oil May futures closed lower at MYR 2,284 (MYR 2,293), June at MYR 2,293 (MYR 2,304) and July at MYR 2,294 (MYR 2,307) a tonne.

Mumbai spot rates (Rs/10 kg): Groundnut oil 1,205 (1,205), soya refined oil 675 (675), sunflower exp. ref. 685 (685), sunflower ref. 770 (770).

Rapeseed ref. oil 706 (706), rapeseed expeller ref. 676 (676) cottonseed ref. oil 645 (645) and palmolein 510 (510).

Vikram Global Commodities, Chennai, has quoted Malaysian super palmolein for Rs 547 ex-Chennai; $915 CIF JNPT May delivery; $917 CIF Haldia May delivery.