26/08/2016 (Hindu Business Line) - Edible oils market ruled weak tracking bearish futures amid slack demand. Activities were limited. Malaysian palm oil and Chicago soya oil complex were bearish. On the BCE, groundnut and cotton oil declined by ₹20 and ₹5 per 10 kg each.

Palmolein declined by ₹2. Others were steady. Liberty was quoting palmolein at ₹633, super palmolein ₹664 and soyabean refined oil ₹670. Ruchi’s rates: palmolein ₹635, soyabean refined oil ₹661, sunflower refined oil ₹725.

Golden Agri was quoting palmolein ₹633. At Rajkot, groundnut oil telia tin declined by ₹110 to ₹2,110 and loose (10 kg) dropped by ₹55 to ₹1,360. BCE spot rates (₹/10 kg): groundnut oil 1,420 (1,440), soya ref. 661 (661), sunflower exp. ref. 665 (665), sunflower ref. 725 (725), rapeseed ref. 920 (920), rapeseed exp. ref. 890 (890), cottonseed ref. 720 (725) and palmolein 620 (622).