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Groundnut oil recovers on fresh stockists' buying

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Press Trust of India New Delhi
Last Updated : Apr 16 2018 | 2:45 PM IST

Groundnut oil prices edged higher by Rs 100 per quintal at the wholesale oils and oilseeds market today on fresh buying by stockists following uptick in demand.

However, other edible and non-edible oils moved in a narrow range in scattered deals and settled at the previous levels.

Traders said, stockists' buying following uptick in demand from retailers amid pause in arrivals from producing belts mainly led to a rise in groundnut oil prices.

In the national capital, groundnut mill delivery (Gujarat) oil edged up by Rs 100 to Rs 8,500 per quintal.

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

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First Published: Apr 16 2018 | 2:45 PM IST

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