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Edible oils recover on good demand

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Press Trust of India Mumbai
Last Updated : Jun 02 2016 | 4:22 PM IST
Groundnut oil and refined palmolein recovered at the Vashi oils and oilseeds wholesale market here today due to good demand from stockist and retailers.
While, castorseed bold and castoroil commercial weakened further following reduced demand from shippers and soap industries.
Elsewhere, linseed oil also slipped owing to poor offtake from paint and allied industries.
In the edible segment, Groundnut oil rose by Rs 10 per 10 kg to Rs 1,190 from Wednesday's closing level of Rs 1,180 and refined palmolein inched up by a Re per kg to Rs 577 per 10 kg from Rs 576 yesterday.
Among the non-edibles, castorseeds bold dropped by Rs 40 per 100kg to Rs 3,185 from yesterday's close Rs 3,225 and castor oil commercial moved down by Rs 8 per 10kg to Rs 667 as against Rs 675.
Linseedoil moved down by Rs 5 per 10kg to Rs 1,275 as compared to Rs 1,280 previously.

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First Published: Jun 02 2016 | 4:22 PM IST

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