Edible, non-edibles decline on lower demand

Groundnut oil and refined palmolein declined at the Vashi oils and oilseeds wholesale market here today following lower demand from stockists and retailers.

Elsewhere, industrial oils also weakened further owing to poor offtake from soaps and shippers industries.

While linseeds oil ruled steady in the absence of worthwhile buying activity.

In the edible segment, groundnut oil and refined palmolein moved down by Rs 5 per 10 kg each to Rs 925 and Rs 635 from Wednesday's close at Rs 930 and Rs 640, respectively.

Moving to the non-edibles section, castorseeds bold dropped by Rs 25 per 100 kg to Rs 4,600 as against Rs 4,625 and castor oil commercial eased by Rs 5 per 10 kg to Rs 950 from Rs 955 yesterday.

Linseeds oil ended unaltered to Rs 770 per 10 kg.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)