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25 Jul 2017, 14:05 HRS IST
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  • PTI
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  • Groundnut oil recovers on renewed demand

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16:32 HRS IST

Mumbai, Apr 19 (PTI) Groundnut oil prices recovered at the Vashi oils and oilseeds wholesale market here today on renewed demand from stockists and retailers.

However, refined palmolein fell further owing to lack of retail buying support.

In the non-edibles, castorseeds and castoroil commercial recouped following fresh demand from shippers and soap manufacturing units.

Meanwhile, linseed oil slipped owing to reduced offtake from paint and allied industries.

In the edible segment, groundnut oil rose by Rs 10 per 10 kg to Rs 1,040 from Tuesday's closing level of Rs 1,030.

However, refined palmolein moved down by Rs 3 per 10 kg to Rs 545 as compared to Rs 548 yesterday.

Moving to non-edible segment, castorseeds bold climbed by Rs 10 per 100 kg to Rs 4,835 from overnight closing level of Rs 4,825 and castor oil commercial gained by Rs 2 per 10kg to Rs 997 from Rs 995.

Linseed oil dropped by Rs 40 per 10 kg to Rs 810 as against Rs 850.

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