Groundnutoil surges on firm demand

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Press Trust of India Mumbai
Last Updated : Jun 30 2014 | 6:02 PM IST
Groundnut oil prices surged at the Vashi oils and oilseeds wholesale market here today on firm demand from stockist and retailers.
Meanwhile, refined palmolein and linseedoil maintained a stable trend in absences of any large-scale buying activity.
In the non-edible segment, castorseeds bold and castor oil commercial prices climbed further following persistent demand from shippers and soap manufacturers.
In the edible segment, Groundnutoil advanced by Rs 10 per 10kg to Rs 775 from last Saturday's closing level of Rs 765. Refined palmolein closed unchanged at Rs 575 per 10kg.
Moving to non-edible segment, castorseeds bold shot-up by Rs 35 per 100kg to Rs 4,300 from Rs 4,265 and castoroil commercial moved up by Rs 7 per 10kg to Rs 890 as against Rs 883 yesterday. Linseedoil closed unaltered at Rs 740 per 10kg.
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First Published: Jun 30 2014 | 6:02 PM IST

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