Date:16/05/2006 URL: http://www.thehindubusinessline.com/2006/05/16/stories/2006051603640800.htm

Back Edible oils decline

Our Bureau

Mumbai , May 15

All major edible oil prices declined marginally on the local edible oil market on Monday on increased offerings.

RBD palmolein was down Rs 2 at Rs 395 per 10 kg. Groundnut oil raw was down Rs 2 at Rs 468 per 10 kg. Soya oil refined imported was down Rs 2 at Rs 395 per 10 kg. Imported crude soya oil was up Re 1 at Rs 378 per 10 kg . Sunflower oil expeller was steady at Rs 405 per 10 kg. Castor oil commercial grade was steady at Rs 325 per 10 kg.

In futures segment, castor seed June contracts ended weak at Rs 1,511 per quintal, down by Rs 18 over previous day.

Sugar weak

Sugar spot prices weakened at the Vashi wholesale market on Monday on continued offerings amid stray retail buying.

Small grade (S-30) was down Rs 10 at Rs 1,930/1,965 per quintal over previous day. Medium grade (M-30) was down Rs 15 at Rs 1,965/2,010 per quintal over previous close.