Refineries hike imported oil fees

Refineries hike imported oil fees

by admin- Tuesday, October 22nd, 2019 07:30:28 AM

Imported palmolein jumped by ₹7 and soya oil through ₹1 as nearby refineries raised their fees monitoring susceptible rupee which makes imports high-priced. Being inexpensive opportunity, cotton delicate oil also went up by way of ₹3 for 10 kg. Sunflower and rapeseed oil ruled regular at the same time as groundnut oil lost ₹five.

Vikram Global Commodities (P) Ltd quoted ₹535 for Malaysian top notch palm February transport. Liberty was quoting palmolein at ₹520 (ex JNPT), superb palmolein ₹543. Ruchi turned into quoting palmolein for ₹520, soyabean subtle oil ₹618, sunflower delicate oil ₹638. Allana’s charges: palmolein ₹519, awesome palmolein ₹543, soyabean subtle oil ₹620, sunflower oil ₹637. In Saurashtra-Rajkot, groundnut oil Telia tin declined to ₹1,530 (1,560) and unfastened (10 kg) to ₹990 (1,000).

BCE spot quotes (₹/10 kg): groundnut oil 980 (985), soya refined oil 620 (619), sunflower exp. Ref. 590 (590), sunflower ref. 635 (635), rapeseed ref. 740 (740), rapeseed exp. Ref. 710 (710), cottonseed ref. 585 (582) and palmolein 512 (505).

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