Palmolein oil prices softened by Rs 50 per quintal at the wholesale oils and oilseeds market today on weak global cues.
However, other edible and non-edible oils moved in a narrow range in limited deals and pegged at lastlevels.
Traders attributed the slide in palmolein oil prices to a weak trend overseas.
Globally, the benchmark palm oil contract for July delivery dipped 0.1 per cent to 2,381 ringgit (USD 603.09) a tonne on the Bursa Malaysia Derivatives Exchange.
In the national capital, palmolein (RBD) and palmolein (Kandla) oils were down by Rs 50 each to Rs 7,150 and Rs 7,200 per quintal respectively.
Following are today's quotations (in Rs per quintal):
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app