Traders said the Indian State Trading Corporation (STC) bought three 6000 tonne cargoes of refined bleached deodorised palm olein at its import tender today. They also said the STC is still in the market and additional business may be concluded over the weekend. The confirmed business comprised two cargoes of rbd olein for June shipment at 351.50 dlrs per tonne and one July at 352 dlrs cif all on 30 pct counter trade.
TRADERS CONFIRM SOME INDIAN PALM OLEIN PURCHASES