05/07/2017 (Hindu Business Line) - Edible oils rules steady on Tuesday on back of thin volatility in futures amid routine physical demand and volumes. As expected taxation on edible oils in GST regime slightly reduced and so as prices the trend remain unaffected and stable. At Rajkot, groundnut oil declined to ₹1400 (₹1410) for Telia tin and for Loose (10 kgs) to ₹890 (₹900). Malaysian crude palm oil July -17 futures closed at MYR 2650 (MYR 2642) and August -17 ended at MYR2551 (MYR 2543).On National Commodities and Derivatives Exchange Soyabean refined oil July -17 futures was up at ₹647.00 (₹646.00) and Aug-17 was higher at ₹649.70 (₹647.50). On The Bombay Commodity Exchange spot rates (Rs/10 kg) were: groundnut oil ₹940 (₹945), soya refined oil ₹630 (₹630), sunflower exp. ref. ₹595 (₹590), sunflower ref. ₹652 (₹655), rapeseed ref. oil ₹740 (₹740), rapeseed expeller ref. ₹710 (₹710), cottonseed ref. oil ₹650 (₹650) and Palmolein ₹536 (₹535).