Groundnutoil prices rose further at the oils and oilseeds market here today on sustained demand from retailers amidst lower arrivals from producing belts.
Refined palmolein recovered smartly owing to fresh stockists demand coupled with higher Malaysian advices.
Castorseeds bold, castoroil commercial and linseedoil held steady in the absence of any worthwhile buying activity.
Meanwhile, castorseeds futures dropped further due to lack of export orders.
In the edible oil segment, Groundnut oil hardened by Rs 10 per per 10 kgs to Rs 770 from overnight closing level of Rs 760 and refined palmolein moved up by Rs 6 per 10 kgs to Rs 524 as against Rs 518 yesterday.
Turning to futures section, castorseeds December delivery opened lower at Rs 3,770 and drifted further to close at Rs 3,732 as compared with Rs 3,785 previously, showing a decline of Rs 53 per tonne.
Moving to non-edible section, castorseeds bold, castoroil commercial and linseedoil all were unchanged at Rs 4,000, Rs 830 and Rs 600 respectively.
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