Commodity News
HeadLine : Cooking oils in bull grip
Date : Dec 2 2016
Edible oils continued their uptrend tracking firm futures and crude oil. On the BCE, imported palmolein and soya oil increased by 7 and 5 per 10 kg each. Cotton refined oil was up 10. Groundnut, sunflower and rapeseed ruled steady. Sources said as prices went up sharply, traders preferred to stay away from new purchases and concentrate to fulfil old commitments. Liberty’s rates: palmolein 615, super palmolein 638 and soyabean refined oil 730. Allana traded palmolein for 608, soya refined oil 720, sunflower refined oil 740. At Rajkot, groundnut oil telia tin ruled steady at 1,490 and loose (10 kg) at 940.

Source: Businessline.com
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