Edible oils :Mixed trends

The oils and oilseeds market shows mixed trends, groundnut oil maintained a steady trend due to weak demand and ends the day at previous level of Rs. 410 per 10 kg.

In supplementary oils, cotton refined and sunflower solvent refined also remained unchanged at Rs. 280 and 261 per 10 kg respectively. In imported oils, Soyabean refined edged higher by Rs. 3 to Rs. 241 per 10 kg while soyabean crude held steady at Rs. 210, RBD palmolein rose up by Re 1 to Rs 219 per 10 kg.. Sunflower crude fell by Re.1 to Rs 227 per 10 kg while rapeseed crude remained unmoved at Rs. 226. However, refined, moved up by Re. 1 to Rs. 241 per 10 kg.

In Mumbai, castorseed September futures contract opened at Rs. 1,585 after it closed at Rs. 1,597 a quintal on the previous day. The contract recorded a high of Rs. 1,588 and closed lower at Rs. 1,576 a quintal. In international castor oil, August contract eased by Re. 1 to Rs. 368 per 10 kg on poor takeoff, as reported.


Market Update
(Oil Seeds)