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Edible oil, sugar stable, rice soft, pulses fluctuating

Amid softening of edible oils abroad, their prices remained stable in the Delhi Wholesale Commodities Market on Thursday. Along with oils, the price of sugar was also seen stabilizing. Rice prices fell while pulses showed a mixed trend.

Oil-oilseeds: Globally, palm oil’s September futures fell 35 ringgit to 3,369 ringgit per tonne on Malaysia’s Bursa Malaysia Derivatives Exchange. US soya oil futures for December were also lower by 1.65 cents to 56.18 cents per pound. There was no change in the prices of Mustard Oil, Groundnut Oil, Sunflower Oil, Soya Oil, Palm Oil and Vegetables due to balance in offtake and arrivals in the local market.