03/01/2015 (Business Recorder) - Sentiments in edible oils markets turned positive on Friday as Malaysian palm oil futures rebounded. On the Bombay Commodity Exchange, soft oils such as soyabean, sunflower and rapeseed oil ruled steady while palmolein, groundnut and cotton refined oil declined by ₹2, ₹5 and ₹5 for 10 kg each.

Vikram Global Commodities (P) Ltd quoted ₹545 for Malaysian super palm January delivery. Liberty was quoting palmolein at ₹525-528 and super palmolein ₹548 and soyabean refined oil ₹650. Ruchi traded palmolein for ₹525, soyabean refined oil ₹645 and sunflower refined oil ₹671. Allana’s rates: palmolein ₹530, soyabean refined oil ₹650 and sunflower oil ₹675.

In Saurashtra-Rajkot, groundnut oil was steady with Telia tin ₹1,520 and loose (10 kg) at ₹970.

BCE spot rates (₹/10 kg): groundnut oil 960 (965), soya refined oil 645(645), sunflower exp. ref. 620 (620), sunflower ref. 670 (670), rapeseed ref. oil 820 (820), rapeseed expeller ref. 790 (790), cottonseed ref. oil 580 (585) and palmolein 520 (522).