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Edible oils recover on renewed demand

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Press Trust of India Mumbai
Last Updated : Aug 12 2014 | 4:15 PM IST
Groundnut oil prices recovered in an otherwise lacklustre trade at the Vashi oils and oilseeds wholesale market here today on renewed demand from stockist and retailers.
Refined palmolein also rebounded on good retail demand.
Meanwhile, castorseeds bold and castoroil commercial and linseed oil all ruled stable in the absence of any worthwhile buying activity.
In the edible segment, groundnut oil climbed by Rs 10 per 10kg to Rs 785 from Monday's closing level of Rs 775 and refined palmolein moved up by Rs 3 per 10kg to Rs 550 as against Rs 553 yesterday.
Moving to non-edible section, castorseeds bold, castor oil commercial and linseed oil all held stable at Rs 4,175 per 100kg, Rs 865 and Rs 760 per 10kg, respectively.

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First Published: Aug 12 2014 | 4:15 PM IST

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