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Edible oils strengthen on firm demand

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Press Trust of India Mumbai
Groundnut oil and refined palmolein prices strengthened at the Vashi oils and oilseeds wholesale market here today due to firm demand from stockists and retailers amid restricted arrivals.

Elsewhere, castorseeds bold and castoroil commercial prices not available.

While, linseed oil ruled steady in absence of any necessary buying activity.

In edible section, groundnut oil climbed by Rs 40 per 10 kg to Rs 1,000 from Thursday's close of Rs 960 and refined palmolein also rose by Rs 8 per 10 kg to Rs 578 as against Rs 570 yesterday.

In the non-edible segment, linseed oil closed unchanged at Rs 1,050 per 10 kg.
 

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First Published: Nov 11 2016 | 4:33 PM IST

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