Sentiment in edible oils market remained steady to firm on Tuesday on expectation of higher physical demand in August a festivals month.

Liberty’s rates for Palmolein increased to Ex STC/Shapur were ₹540/541 for 25 Aug-10 Sept. Super palmolein ₹561 for 25 Aug-10 Sept. Allana’s ratesfor Palmolein were ex Khapoli/IVP ₹540/543 for 17 August. Soya refined oil ₹650 for 17 August. Sunflower refined oil ₹675 for 17 August. Golden Agri’s rate for palmolein ex JNPT was ₹535 for 10Aug. and ₹532 for 10-20 and 20 – 30 Aug. At Rajkot, groundnut oil was steady at ₹1,360 (1,360) for Telia tin and for Loose (10 kg) ₹850 (850). Groundnut arrivals at Gondal and Rajkot was about 15,000 – 16,000 bags and its prices were ₹650-750.

Malaysian crude palm oil August-17 futures closed at MYR 2,659 (MYR 2,672) and Sept -17 at MYR2,650 (MYR 2,674).

On National Commodities and Derivatives Exchange Soyabean refined oil August-17 futures was ₹650.20 (650.60) and Sept-17 was ₹656.30 (657.35). On The Bombay Commodity Exchange spot rates (₹/10 kg) were: groundnut oil 890 (890), soya refined oil 637 (637), sunflower exp. ref. 610 (605), sunflower ref. 670 (665), rapeseed ref. oil 790 (780), rapeseed expeller ref. 760 (750), cottonseed ref. oil 696 (695) and Palmolein 534 (535).