09/05/2014 (Hindu Business Line) - Barring palmolein, groundnut and cotton refined oil, all other edible oils ruled unchanged on Thursday due to slack demand amid range-bound futures markets.

On the Bombay Commodity Exchange, palmolein declined by ₹1 while groundnut oil and cotton refined oil rose by ₹10 and ₹3 for 10 kg each.

Sources said that volume in physical market improved supported by an upsurge in demand. Restricted arrivals from producing centres influenced the palm oil and other indigenous oils prices. During the day, around 200-250 tonnes of palmolein were resold for ready delivery at ₹595. Liberty was quoting palmolein at ₹600 for June, super palmolein ₹610 and soyabean refined oil ₹660. Ruchi quoted palmolein at ₹597, soyabean refined oil ₹655 and sunflower refined oil ₹660. Allana was quoting palmolein at ₹597, soyabean refined oil ₹660 and sunflower refined oil ₹660. At Rajkot, groundnut oil Telia tin ruled steady at ₹1,130 and loose (10 kg) at ₹710.

BCE spot rates (₹/10 kg): groundnut oil 770 (760), soya refined oil 660 (660), sunflower exp. ref. 610 (610), sunflower ref. 665 (665), rapeseed ref. oil 695 (695), rapeseed expeller ref. 665 (665) cottonseed ref. oil 668 (665) and palmolein 594 (595).