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

Groundnut oil rule weak on sluggish demand

Image
Press Trust of India Mumbai
Last Updated : Sep 16 2016 | 4:07 PM IST
Groudnut oil ruled weak at the Vashi oils and oilseeds wholesale market here today on sluggish demand from stockists and retailers amid ample supply from producing region.
While, castorseeds bold and castoroil commercial firmed up further on sustained demand from soap and shippers industries.
Meanwhile, refined palmolein and linseed oil held stable in absence of any worthwhile buying activity.
In the edible segment, groundnut oil dipped by Rs 10 per 10 kg to Rs 1,200 from Thursday's close Rs 1,210 and refined palmolein closed unchanged at Rs 618 per 10kg.
Moving to non-edible segment, castorseeds bold advanced by Rs 25 per 100kg to Rs 3,940 from Rs 3,915 and castoroil commercial rose by Rs 5 per 10kg to Rs 818 as against Rs 813 yesterday.
Linseed oil unaltered at Rs 1,050 per 10kg.

Also Read

First Published: Sep 16 2016 | 4:07 PM IST

Next Story