19 December 2017

Best Stock Advisory In Indore, Mixed trend in edible oils

Weak futures amid slack physical demand kept edible oils market steady on Monday. 


Activities were limited as stockists preferred to fulfill old commitments and stayed away from fresh bets. Higher supplies of imported and indigenous edible oils due to peak arrivals also weighed on the morale of the market. On the BCE, prices showed a mixed trend. About 200 tonnes palmolein at₹622-627 and about 100 tonnes soybean refined oil at ₹693 were resold for ready and weekly. BCE spot rates (₹/10 kg): groundnut oil 955 (950), soya ref. 702 (700), sunflower exp. ref. 660 (660), sunflower ref. 710 (710), rapeseed ref. 805 (805), rapeseed exp. ref. 775 (775), cottonseed ref. 695 (690) and palmolein 625 (625).

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