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Edible and non-edibles slip on reduced demand

Press Trust of India  |  Mumbai 

Groundnutoil declined at the Vashi oils and oilseeds wholesale market here today on reduced demand from stockists and retailers.

Refined palmolein also moved down owing to lower retail buying.

Castorseeds bold and castoroil commercial eased following subdued offtake from shippers and soap industries.

Linseedoil held steady in the absence of any major buying.

In edible segment, groundnutoil fell by Rs 10 per 10 kg to Rs 1,370 from Monday's closing level of Rs 1,380 and refined palmolein edged down by Rs 3 per 10 kg to Rs 532 as against Rs 535 previously.

Moving to the edible section, castorseeds bold moved down by Rs 10 per 100 kg to Rs 3,345 from overnight close of Rs 3,355 and castoroil commercial inched down by Rs 2 per 10 kg to Rs 699 from Rs 701.

Linseed oil closed unchanged at Rs 1,200 per 10 kg.

First Published: Tue, July 12 2016. 16:22 IST