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Groundnutoil slips on lower offtake

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Press Trust of India Mumbai
Groundnutoil slipped at the Vashi oils and oilseeds wholesale market here today on lower offtake by stockists and retailers.

Meanwhile, refined palmolein and linseeds oil prices ruled stable in absence of any worthwhile buying activity.

In the non-edible section, castorseeds bold witnessed no trading, while castor oil commercial recovered owing to mild demand from shippers and soap industries.

In the edible section, groundnutoil eased by Rs 5 per 10 kg to Rs 865 from Monday's closing level of Rs 870. Refined palmolein closed unchanged at Rs 478 per 10 kg.

Moving to the non-edible segment, castor oil commercial gained by Rs 3 per 10 kg to Rs 868 from overnight close of Rs 865. Linseed oil ended unaltered at Rs 860 per 10kg.

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First Published: Nov 10 2015 | 4:07 PM IST

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