Wholesale oil and oilseed market shows overall steady trends for groundnut oil. It remains steady at Rs.405 per 10 kg on weak demand supported by restricted arrivals. In supplementary oils, both cotton refined and sunflower solvent refined were quoted at Rs.275 and Rs.263 per 10 kg respectively. In case of imported oils, RBD palmolein eased by Re 1 to Rs 217 per 10 kg. Soyabean refined and crude maintained the earlier levels of Rs.238 and Rs.208 per 10 kg. Sunflower crude, however, moved up by Rs.2 to Rs.227. Rapeseed crude remained unchanged at Rs.226 per 10 kg, reported by market sources. In Mumbai, castorseeds September futures contract opened at Rs.1,575 after it closed at Rs.1,574 a quintal on the previous day. The contract recorded a high of Rs.1,584 and a low of Rs.1,562, finally the contract closed at Rs.1,567 a quintal. The December castorseeds futures contract opened at Rs.1,477 a quintal after it closed at Rs.1,478 on the previous day. The contract maintained a high of Rs.1,477 and closed lower at Rs.1,472 a quintal. In International castor oil, August contract maintained at Rs.362 per 10 kg. |
|