Groundnut oil firms up on consistent demand

Groundnut oil prices firmed up further at the Vashi oils and oilseeds wholesale market here today on consistent demand from stockist and retailers amid ensuing festivities.
Refined palmolein gained on good offtake from retailers.
Linseed oil maintained its stable trend in the absence of any large scale buying activity.
In the non-edible section, castorseed bold and castor oil commercial hardened further due to sustained demand from shippers and soap industries.
In the edible segment, groundnut oil rose by Rs 10 per 10 kg to Rs 870 from Monday's closing level of Rs 860 and refined palmolein moved up by Rs 2 per 10 kg to Rs 484 as against Rs 482 yesterday.

Moving to non-edible section, castorseeds bold climbed by Rs 25 per 100 kg to Rs 4,250 from Rs 4,225 and castoroil commercial went up by Rs 5 per 10 kg to Rs 880 as against Rs 875 yesterday.
Linseed oil closed unchanged at Rs 750 per 10kg.