Edible oil prices witnessed a mixed trend at the oils and oilseeds market here today, as groundnut declined due to reduced offtake from stockists and traders.
Meanwhile, refined palmolein firmed up owing to renewed demand from retailers coupled with higher Malaysian advices.
Castorseed futures market shot up on the back of heavy speculative buying amid fresh export orders.
Castor seeds bold, castoroil commercial and linseed oil maintained a stable trend in the absence of worthwhile buying support.
In edible oil segment, groundnut oil moved down by Rs 5 per 10 kg to Rs 760 from overnight closing level of Rs 765, while refined palmolein edged up by Rs 5 per 10 kg to Rs 560, as against Rs 555 previously.
Turning to futures section, castorseed March delivery resumed higher at Rs 3,460 and rallied further to close at Rs 3,514 over its previous close of Rs 3,449, disclosing a smart rise of Rs 65 per tonne.
However, castorseed bold, castoroil commercial and linseed, all were unchanged at Rs 4,300, Rs 890 and Rs 630 respectively.
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