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Edible and non-edible oils slip on subdued demand

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Press Trust of India Mumbai

Groundnut oil and refined palmolein slipped at the Vashi oils and oilseeds wholesale market here today on subdued demand from stockists and retailers.

Elsewhere, castor seeds bold and castor oil commercial also declined owing to sluggish demand from soaps and shippers industries.

While, linseeds oil ruled steady in the absence of any major buying activity.

In the edibles segment, groundnut oil moved down by Rs 10 per 10 kg to Rs 865 from Monday's closing level of Rs 875 and refined palmolein eased by Rs 4 per 10 kg to Rs 718 as against Rs 722.

Moving to non-edibles section, castor seeds bold slid by Rs 20 per 100 kg to Rs 4,110 as compared Rs 4,130 yesterday and castor oil commercial edged down by Rs 4 per 10 kg to Rs 852 from Rs 856.

 

Linseeds oil ended unaltered at Rs 785 per 10 kg.

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First Published: Apr 24 2018 | 3:50 PM IST

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