09/10/2015 (Hindu Business Line) - Edible oils market turned weak tracking bearish futures amid slack demand. On the spot, activities remained thin and isolated. Soya oil futures declined by over ₹4/10 kg tracking continuous lower closing of Malaysian palm oil futures.

Liberty was quoting palmolein at ₹503 JNPT, super palmolein ₹532 and soyabean refined oil ₹610. Ruchi’s rates: palmolein ₹503, soyabean refined oil ₹605 and sunflower refined oil ₹765. Allana traded palmolein ₹498, super palmolein ₹533, soya refined oil ₹605 and sunflower oil ₹765. In Saurashtra-Rajkot, groundnut oil telia was ₹1,495 (1,490) and loose (10 kg) ₹950 (950).

BCE spot rates (₹/10 kg): groundnut oil 980 (980), soya ref. 603 (602), sunflower exp. ref. 685 (685), sunflower ref. 765 (760), rapeseed ref. oil 920 (920), rapeseed exp. ref. 890 (890), cottonseed ref. oil 645 (650) and palmolein 493 (490).