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Groundnutoil spurts on fresh demand

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Press Trust of India Mumbai
Last Updated : Jul 03 2013 | 5:25 PM IST
Groundnutoil spurted at fairly active oils and oilseeds Vashi Wholesale market here today on fresh demand from stockists and retailers.
Refined palmolein and linseedoil held steady in the absence of any large scale buying activity.
Castorseeds bold and castoroil commercial moved up further owing good demand from shippers and soap industries.
The Castorseeds futures market rates were unavailable.
In the edible segment, groundnutoil surged by Rs 20 per 10 kg to Rs 930 from overnight close of Rs 910. However, refined palmolein closed unchanged at Rs 528 per 10 kg.
In the non-edible section, castorseeds bold advanced by Rs 25 per 100 kg to Rs 3,500 from Tuesday's closing level of Rs 3,475 and castor oil commercial edged up by Rs 5 per 10 kg to Rs 730 as against Rs 725 previously. Linseeds oil unaltered at Rs 730 per 10 kg.

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First Published: Jul 03 2013 | 5:25 PM IST

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