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Groundnut oil firm-up on persistent demand

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Press Trust of India Mumbai
Last Updated : Jul 26 2014 | 2:57 PM IST
Groundnut oil prices firmed up further at the oils and oilseeds wholesale market here today on persistent demand from stockists and retailers in the backdrop of ensuing festival season.
Refined palmolein slipped lower retail offtake.
Castorseeds bold and castoroil commercial regain on fresh demand from shippers and soap industries.
Linseeds oil remained stable in the absence of any worthwhile buying activity.
In the edible section, groundnut oil advanced by Rs 5 per 10kg to Rs 800 from Friday's closing level of Rs 795. However, refined palmolein softened by a Re per 10kg to Rs 568.
Moving to non-edible segment, castorseeds bold gained by Rs 25 per 100kg to Rs 4,150 from overnight close of Rs 4,125 and castoroil commercial added by Rs 5 per 10kg to Rs 860 as compared to Rs 855 previously.
Linseeds oil ended unaltered to Rs 745 per 10kg.

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First Published: Jul 26 2014 | 2:57 PM IST

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