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Edible oils continued bearish trend on Tuesday on back of need-based demand. On the BCE, groundnut and rapeseed oil declined by ₹10 each. Palmolein, soya oil and sunflower oil dropped by ₹2, ₹5 and ₹5 per 10 kg each. Cotton oil ruled steady. Liberty’s rates: palmolein ₹637, super palmolein ₹658 and soyabean refined oil ₹705. Ruchi traded sunflower oil for ₹705. Golden agri quoted palmolein for ₹630. At Rajkot, groundnut oil telia tin was steady at ₹1,480 and loose (10 kg) at ₹935.
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