Mixed trend in edible oils


Mumbai, July 31:  

Imported edible oils gained while indigenous rule steady on Monday tracking firm overseas futures amid prices rise by local refineries.

Liberty’s rates for Palmolein increased to Ex STC/Shapur were ₹540 / 541 for 25 Aug-10 Sept. Super palmolein ₹561 for 25 Aug-10 Sept.

Allana’s ratesfor Palmolein were ex Khapoli / IVP ₹540 / 543 for 17 August. Soya refined oil ₹650 for 17 August. Sunflower refined oil ₹675 for 17 August.

Golden Agri’s rate for palmolein ex JNPT was ₹535 for 10Aug. and ₹532 for 10-20 and 20-30 Aug.

At Rajkot, groundnut oil increased to ₹1360 (1,340) for Telia tin and for Loose (10 kg) higher at ₹850 (840).

Malaysian crude palm oil August-17 futures closed higher at MYR 2,675 (MYR 2,666) and Sept -17 at MYR2,674 (MYR 2,656).

On National Commodities and Derivatives Exchange Soyabean refined oil August-17 futures was ₹647.95 (646.15) and Sept-17 was ₹654.50 (653.70). On The Bombay Commodity Exchange spot rates (₹/10 kg) were: groundnut oil 890 (890), soya refined oil 637 (635), sunflower exp. ref. 605 (600), sunflower ref. 665 (660), rapeseed ref. oil 780 (780), rapeseed expeller ref. 750 (750), cottonseed ref. oil 695 (695) and Palmolein 535 (533). Our Correspondent

(This article was published on July 31, 2017)

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