11/11/2014 (Hindu Business Line) - In the edible oils market, barring palmolein and sunflower expeller refined which rose by ₹2 and ₹5 each for 10 kg, all other edible oils ruled flat on Monday with thin volume. Local demand was scattered in resale as refineries’ rates were higher. During the day hardly 400-450 tonnes of palmolein were traded at ₹495-499. Improved arrivals of groundnuts and cottonseeds in Saurashtra and soyabean arrivals in Madhya Pradesh continue to weigh. Soyabean arrivals were around 6.50 lakh bags national level in which Madhya Pradesh received over 4 lakh bags.

Vikram Global commodities (P) Ltd quoted ₹635/10 kg for Malaysian super palm November delivery. Liberty traded palmolein at ₹510-512, super palmolein ₹537 and soyabean refined oil ₹612. Ruchi was quoting palmolein at ₹510, soyabean refined oil ₹601 and sunflower refined oil ₹635. Allana rates were for palmolein ₹510, super palmolein ₹545, soyabean refined oil ₹610 and sunflower oil ₹640.

In Saurashtra-Rajkot, groundnut oil Telia tin was up ₹20 at ₹1,240 and loose (10 kg) by ₹20 at ₹790.

BCE spot rates (₹/10 kg): groundnut oil 820 (820), soya refined oil 600 (600), sunflower exp. ref. 580 (575), sunflower ref. 630 (630), rapeseed ref. oil 728 (728), rapeseed expeller ref. 698 (698), cottonseed ref. oil 600 (600) and palmolein 500 (498).