MARKET DEVELOPMENT
Edible Oils Rule Firm
Edible Oils Rule Firm
18/08/2017 (Hindu Business Line) - Edible oils market ruled firm on Thursday tracking bullish futures amid physical demand supports.
Liberty’s rates for Palmolein reduced to Ex STC / Shapur were ₹570 / 571 for 25 August-15 September. Super palmolein ₹591 for 25 August-15 September.
Allana’s ratesfor Palmolein were ex Khapoli / IVP ₹573/ 76 for September. Soya refined oil ₹660 for August / September. Sunflower refined oil ₹685 for August / September.
Golden Agri’s rate for palmolein was ₹560 for August-15 September.
At Rajkot, groundnut oil was steady at ₹1,300 (1,300) for Telia tin and for Loose (10 kg) ₹800 (800).
Malaysian crude palm oil Sept - 17 futures closed higher at MYR 2,649 (MYR 2,622) and Oct -17 ended up at MYR2,649 (MYR 2,624).
On National Commodities and Derivatives Exchange Soyabean refined oil Sept-17 futures increased to ₹653.90 (650.40) and Oct-17 at ₹660.00 (655.10).
On The Bombay Commodity Exchange spot rates (₹/10 kg) were: groundnut oil 845 (840), soya refined oil 650 (646), sunflower exp. ref. 610 (610), sunflower ref. 670 (670), rapeseed ref. oil 800 (790), rapeseed expeller ref. 770 (760), cottonseed ref. oil 687 (690) and Palmolein 555 (551).
Liberty’s rates for Palmolein reduced to Ex STC / Shapur were ₹570 / 571 for 25 August-15 September. Super palmolein ₹591 for 25 August-15 September.
Allana’s ratesfor Palmolein were ex Khapoli / IVP ₹573/ 76 for September. Soya refined oil ₹660 for August / September. Sunflower refined oil ₹685 for August / September.
Golden Agri’s rate for palmolein was ₹560 for August-15 September.
At Rajkot, groundnut oil was steady at ₹1,300 (1,300) for Telia tin and for Loose (10 kg) ₹800 (800).
Malaysian crude palm oil Sept - 17 futures closed higher at MYR 2,649 (MYR 2,622) and Oct -17 ended up at MYR2,649 (MYR 2,624).
On National Commodities and Derivatives Exchange Soyabean refined oil Sept-17 futures increased to ₹653.90 (650.40) and Oct-17 at ₹660.00 (655.10).
On The Bombay Commodity Exchange spot rates (₹/10 kg) were: groundnut oil 845 (840), soya refined oil 650 (646), sunflower exp. ref. 610 (610), sunflower ref. 670 (670), rapeseed ref. oil 800 (790), rapeseed expeller ref. 770 (760), cottonseed ref. oil 687 (690) and Palmolein 555 (551).