MARKET DEVELOPMENT
Cooking Oils in Bear Grip
Cooking Oils in Bear Grip
28/05/2015 (Hindu Busines Line) - Imported palmolein rose by ₹3/10 kg as local refineries increased their rates and rapeseed-mustard oil extended gain by ₹10. All other edible oils ruled unchanged.
Vikram Global Commodities (P) Ltd quoted ₹540 for Malaysian super palm May delivery. Liberty was quoting palmolein at ₹505 JNPT, super palmolein ₹537 and soyabean refined oil ₹598. Ruchi traded palmolein for ₹505 JNPT, soyabean refined oil ₹595 and sunflower refined oil ₹700. Allana’s rates: palmolein ₹505, super palmolein ₹537, soyabean refined oil ₹595 and sunflower oil ₹700. In Saurashtra-Rajkot, groundnut oil Telia tin lost ₹35 to ₹1,440 and loose (10 kg) dropped by ₹20 to ₹920.
BCE spot rates (₹/10 kg): groundnut oil 930 (930), soya refined oil 585 (585), sunflower exp. ref. 635 (635), sunflower ref. 700 (700), rapeseed ref. oil 840 (830), rapeseed exp. ref. 810 (800), cottonseed ref. oil 595 (595) and palmolein 498 (495).
Vikram Global Commodities (P) Ltd quoted ₹540 for Malaysian super palm May delivery. Liberty was quoting palmolein at ₹505 JNPT, super palmolein ₹537 and soyabean refined oil ₹598. Ruchi traded palmolein for ₹505 JNPT, soyabean refined oil ₹595 and sunflower refined oil ₹700. Allana’s rates: palmolein ₹505, super palmolein ₹537, soyabean refined oil ₹595 and sunflower oil ₹700. In Saurashtra-Rajkot, groundnut oil Telia tin lost ₹35 to ₹1,440 and loose (10 kg) dropped by ₹20 to ₹920.
BCE spot rates (₹/10 kg): groundnut oil 930 (930), soya refined oil 585 (585), sunflower exp. ref. 635 (635), sunflower ref. 700 (700), rapeseed ref. oil 840 (830), rapeseed exp. ref. 810 (800), cottonseed ref. oil 595 (595) and palmolein 498 (495).