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Edible oils recover on lacklustre trade

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Press Trust of India Mumbai
Groundnut oil and refined palmolein recovered smartly in an otherwise lacklustre oils and oilseeds wholesale market here today following renewed demand from stockists and retailers amid restricted arrivals.

While, castorseeds bold, castoroil commercial and linseed oil ruled steady in the absence of any large-scale buying activity.

In the edible segment, groundnut oil climbed by Rs 30 per 10 kg to Rs 1,120 from Monday's close at Rs 1,090 and refined palmolein rose by Rs 14 per 10 kg to Rs 602 as compared to Rs 588 previously.

Moving to non-edible section, castorseeds bold, castoroil commercial and linseed oil closed unchanged at Rs 3,250 per 100 kg, Rs 680 per 10 kg and Rs 885 per 10 kg.

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First Published: Apr 20 2016 | 4:08 PM IST

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