Groundnut oil strengthens on consistent demand
Groundnut oil prices strengthened at the Vashi oils and oilseeds wholesale market here today on consistent demand from stockists and retailers.
While, refined palmolein eased further owing to subdued demand from retailers.
Castorseeds bold and castoroil commercial weakened further following reduced demand from soaps and shippers industries.
Meanwhile, linseed oil ruled steady in absence of any large-scale buying.
In the edible segment, groundnut oil rose at Rs 10 per 10 kg to Rs 820 from Monday's close Rs 810, but refined palmolein moved down by Rs 8 per 10 kg to Rs 592 as against Rs 600 yesterday.
Moving the non-edibles section, castorseeds bold fell by Rs 40 per 100kg to Rs 4,775 as against Rs 4,815 and castoroil commercial declined by Rs 8 per 10kg to Rs 985 from Rs 993 yesterday.
Linseed oil unaltered at Rs 750 per 10 kg.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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