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Edibles and non-edibles weaken on reduced demand

Press Trust of India  |  Mumbai 

Groundnut and refined palmolein weakened further at the oils and oilseeds wholesale market here today following reduced demand from stockist and retailers. Elsewhere, castorseeds bold and commercial also dropped due to poor offtake from soaps and shippers industries. Meanwhile, linseeds ruled steady in absence of any worthwhile buying activity. In the edible segment, groundnut eased by Rs 10 per 10kg to Rs 850 from Wednesday's closing level of Rs 860 and refined palmolein softened by Rs 2 per 10 kg to Rs 633 as against Rs 635. Moving to non-edibles section, castorseeds bold fell by Rs 50 per 100 kg to Rs 4,200 as against Rs 4,250 and commercial moved down by Rs 10 per 10 kg to Rs 870 from Rs 880 yesterday. Linseeds ended unaltered to Rs 800 per 10 kg.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, February 15 2018. 23:15 IST
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