15/08/2014 (Hindu Business Line) - Bearishness continued in the edible oils market on Thursday, following a drop in overseas and domestic futures amidst lack of physical demand. Bearish palm oil and soya oil data from world markets pulled down sentiments besides progressing monsoon in main oilseeds producing States brightening prospects for kharif crops.

Liberty was quoting palmolein at ₹540, super palmolein ₹562 and soyabean refined oil ₹620 for September. Ruchi was quoting palmolein for ₹540, soyabean refined oil ₹618 and sunflower refined oil ₹618. Allana was quoting palmolein for ₹548 super palmolein ₹573 and soyabean refined oil ₹620 . In Saurashtra-Rajkot, groundnut Telia tin declined to ₹1,190 (₹1,200) and loose (10 kg) to ₹750 (₹760).