Don’t miss the latest developments in business and finance.

Groundnut oil eases on muted demand

Image
Press Trust of India New Delhi
Last Updated : Sep 12 2018 | 2:55 PM IST

Groundnut oil prices fell by Rs 100 per quintal at the wholesale oils and oilseeds market Wednesday owing to slackened demand.

Linseed oil in the non-edible section, also eased on reduced offtake by consuming industries.

Traders said subdued demand from retailers against ample stocks position mainly led to decline in groundnut oil prices.

In the national capital, groundnut mill delivery (Gujarat) oil declined by Rs 100 to Rs 8,900 per quintal.

In the non-edible section, linseed oil also traded lower by Rs 100 to Rs 9,500 per quintal.

Following are today's quotations (in Rs per quintal):

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Sep 12 2018 | 2:55 PM IST

Next Story