19/06/2014 (Hindu Business Line) - The edible oils market ruled firm on Wednesday on higher physical demand supported by a firm futures market and a weak rupee. During the day, about 900-1,000 tonnes of palm oil and 400-500 tonnes of soyabean and sunflower oil were traded directly with local refineries as well in resale. On the Bombay Commodity Exchange, prices were unchanged for most of the oils except groundnut oil which rose by ₹15 on fears of delay in monsoon setting in and affecting sowing. Vikram Global Commodities (P) Ltd, Chennai, quoted ₹595/10 kg for June delivery of Malaysian super palmolein. Liberty was quoting palmolein at ₹577, super palmolein ₹594 and soyabean refined oil ₹657. Ruchi was quoting palmolein at ₹575 and ₹578 for July 15-31, soyabean refined oil ₹652 and sunflower refined oil ₹650. Allana was quoting palmolein at ₹573/576, sunflower refined oil ₹650 for July.

In Saurashtra, groundnut oil Telia tin was steady at ₹1,110 and loose (10 kg) was ₹700 (₹710).