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Edible and non-edible oils ease on poor offtake

Press Trust of India  |  Mumbai 

Refined palmolein eased further at the Vashi oils and oilseeds wholesale here today following poor offtake from buyers.

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

Linseeds fell further due to weak 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 Rs 3 per 10 kg to Rs 715 from last Friday's closing level of Rs 718 and closed unchanged at Rs 850 per 10 kg.

Moving to the non-edible section, castor seeds bold fell by Rs 45 per 100 kg to Rs 4,080 as against Rs 4,125 and commercial moved down by Rs 9 per 10 kg to Rs 846 from Rs 855.

Linseeds oil moved down by Rs 5 per 10 kg to Rs 780 as compared with Rs 785 previously.

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

First Published: Mon, April 16 2018. 17:25 IST