Imported palmolein and soya oil ruled weak on Friday tracking bearish overseas reports and Groundnut and cotton oil gain on back of firm reports from producing centers. Malaysian palm oil and Chicago soya oil complex showed bearish mood keeping domestic NCDEX soya oil futures weak. Till evening futures lose by ₹4-6. During the day hardly 250-300 tonnes of palmolein resold at ₹560-564 for ready - weekly. Liberty’s rates for Palmolein Ex STC/Shapur were ₹562/ 563 for April. Super palmolein at ₹583 for April and Soyabean refined oil ex Shapur ₹625 for April. Ruchi’s rate for Soyabean refined oil ₹627.50 for Apr and Sunflower oil ₹662.50 for April. Allana’s ratesfor Palmolein were ex-Khopoli ₹565 for 1-15 May and Ex-IVP ₹568 for 1-15 May.

Soya refined oil ₹625 for 1-15 May. Sunflower refined oil ₹665 for 15 May. At Rajkot, groundnut oil telia tin was up at ₹1,630 (1,610) and Loose (10 kgs) at ₹1,040 (1,020). On National Commodities and Derivatives Exchange Soyabean refined oil April-17 futures declined to ₹633.50 (₹636.85) and May-17 decrease to ₹620.50 (₹626.30) in the evening. Malaysian crude palm oil April-17 futures settled lower at MYR 2,885 (MYR 2,909) and May-17 ended lower at MYR2,757 (MYR 2,812). On The Bombay Commodity Exchange spot rates (₹/10 kg) were:groundnut oil 1,070 (1,060), soya refined oil 625 (625), sunflower exp. ref. 590 (595), sunflower ref. 660 (660), rapeseed ref. oil 770 (770), rapeseed expeller ref. 740 (740), cottonseed ref. oil 640 (635) and Palmolein 560 (562).