Stockiest continued to have fresh commitments / buying of imported palmolein and soya oil at steady prices on Thursday keeping volume active in Mumbai. Despite weak futures, spot market remained steady. Malaysian palm oil, Chicago soya oil and NCDEX soya oil futures show bearish trend. Local refineries kept their rates steady. In physical market during the day about 2000 tonnes palmolein at ₹540 – 545 and about 450 tonnes soyabean refined oil at ₹620 sold by refineries for June – July said sources.

Liberty’s rates for Palmolein Ex STC / Shapur were ₹548 / 549 for 5-30 July. Super palmolein at ₹569 for 5-30 July and Soyabean refined oil ex Shapur ₹625 for June.

Allana’s ratesfor Palmolein were ex Khapoli / IVP ₹550 / ₹553 for 15-30 June. Soya refined oil ₹635 for 30June. Sunflower refined oil ₹665 for 30June.

Golden Agri’s rate for palmolein was ₹540 for 10-20 July.

In Rajkot, groundnut oilincreased to ₹1,400 (1,390) for Telia tin and ₹900 (880) for Loose (10 kg).

Malaysian crude palm oil June-17 futures settled lower at MYR 2,650 (MYR 2,675) and July-17 ended at MYR2,609 (MYR 2,563).

On National Commodities and Derivatives ExchangeSoyabean refined oil June -17 futures was ₹630.60 (630.70) and July-17 was ₹634.30 (636.65).

On The Bombay Commodity Exchange spot rates (₹/10 kg) were: groundnut oil 940 (940), soya refined oil 620 (620), sunflower exp. ref. 590 (590), sunflower ref. 650 (650), rapeseed ref. oil 720 (720), rapeseed expeller ref. 690 (690), cottonseed ref. oil 640 (638) and Palmolein 542 (542).