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Edible oils surge on persistent demand

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Press Trust of India Mumbai
Groundnut oil prices surged at the Vashi oils and oilseeds wholesale market here on persistent demand from stockists and retailers.

Refined palmolein moved up owing to good offtake from retailers.

Castorseeds bold, castoroil commercial and linseedoil all held stable in the absence of any worthwhile buying.

In the edible segment, groundnut oil climbed by Rs 30 per 10 kg to Rs 1,050 from Monday's closing level of Rs 1,020 and refined palmolein edged up to Rs 3 per 10kg to Rs 578 as against to Rs 575 yesterday.

In the non-edible section, castorseeds bold, castor oil commercial and linseed oil ended unaltered at Rs 3,125 per 100 kg, Rs 655 per 10 kg and Rs 875 per 10 kg, respectively.

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First Published: Mar 29 2016 | 4:22 PM IST

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