PALM NEWS MALAYSIAN PALM OIL BOARD Friday, 03 Apr 2026

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MARKET DEVELOPMENT
Refineries Cut Palmolein Rates
calendar21-08-2015 | linkHindu Business Line | Share This Post:

21/08/2015 (Hindu Business Line) - Edible oils prices on the spot market remained under pressure while on futures soya oil showed firm trend despite lower closing of Malaysian palm oil futures. On the Bombay Commodity Exchange, palmolein declined by ₹3 as local refineries reduced their rates. Rapeseed oil rose by ₹5. Vikram Global Commodities quoted ₹510 for Malaysian super palm. Liberty was quoting palmolein at ₹455 ex JNPT, super palmolein ₹493 and soyabean refined oil ₹569. Ruchi traded palmolein for ₹451, soyabean refined oil ₹563, sunflower refined oil ₹694. Allana’s rates: palmolein ₹459, super palmolein ₹492, soya refined oil ₹570 and sunflower oil ₹698. In Saurashtra-Rajkot, groundnut oil telia ruled steady at ₹1,600 and loose (10 kg) at ₹1,025.

BCE spot rates (₹/10 kg): groundnut oil 1,000 (1,000), soya ref. oil 570 (570), sunflower exp. ref. 640 (640), sunflower ref. 695 (695), rapeseed ref. oil 870 (865), rapeseed exp. ref. 840 (835), cottonseed ref. oil 608 (608) and palmolein 452 (455).