Last Updated :
03 June 2009 at 12:10 IST
Edible oil rises on firmer trends
Commodity Online
NEW DELHI : Based on firmer trends in Malaysia, wholesale prices of select edible oils, palmolein and crude palm oils rose India’s markets.
Trading sentiment remained firm as palm oil futures in Malaysia continued to rise, tracking gains in the price of rival soybean oil.
Palm oil for August delivery on the Malaysia Derivatives Exchange rose 0.6 per cent to 2,640 ringgit a ton.
In the national capital, palmolein (rbd) remained in demand and added another Rs 30 to Rs 4450 while crude palm oil (ex-kandla)surged by Rs 120 to Rs 3720 per quintal respectively.
Mustard expeller oil gained Rs 30 to Rs 4780 per quintal on the back of pick up in demand from retailers.
NCDEX RAPEMUSTARDSEEDJUL12 20 July 2012
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