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Edible and non-edible oils decline on lower demand

Press Trust of India  |  Mumbai 

Refined palmolein declined at the Vashi oils and oilseeds wholesale market here today following lower demand from retailers.

Elsewhere, castor seeds bold, commercial also dropped further owing to reduced demand from soaps and shippers industries.

Linseeds eased further due to lower demand from and allied industries.

While groundnut ruled steady in the absence of any large-scale buying activity.

In the edible segment, refined palmolein softened by a rupee per 10 kg to Rs 731 and closed unchanged at Rs 850 per 10 kg.

Moving to the non-edible section, castor seeds bold fell by Rs 35 per 100 kg to Rs 4,115 as against last Saturday's closing level of Rs 4,150 and commercial moved down by Rs 7 per 10 kg to Rs 853 from Rs 860.

Linseeds oil edged down by Rs 3 per 10 kg to Rs 790 as compared with Rs 793 previously.

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

First Published: Mon, April 09 2018. 16:25 IST