Edible oils slip on weak cues

Downtrend in soya and other oils in mandis throughout Madhya Pradesh ongoing on weak futures

Downtrend in soya and other oils in mandis throughout Madhya Pradesh ongoing on weak futures and bearish international cues. Apart from enhanced availability of imported edible oils, slack demand from customers also included to the bearish sentiment with soya refined in Indore right now declining to ₹905-ten, although soya solvent ruled at ₹855-sixty for ten kg. Soyabean in Neemuch mandi was at ₹3,900. Groundnut oil (Indore) declined to ₹1,290-one,310, groundnut oil (Bombay) at ₹1,three hundred, although groundnut oil (Gujarat) went for ₹1,250. Cotton refined (Gujarat) ruled at ₹923. Palm oil (Indore) right now rose to ₹900-905, palm oil (Bombay) ruled at ₹850 for ten kg. Weak availability of mustard seeds with the crushers lifted plant deliveries oto ₹5,595-5,600 a quintal. Mustard (Nimari) fetched ₹4,650-seventy five, although mustard seeds in Neemuch ruled at ₹5,385 a quintal.