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Groundnut oil prices rebound on renewed demand

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Press Trust of India Mumbai
Groundnut oil prices rebounded in an otherwise lacklustre Vashi oils and oilseeds wholesale market here today due to renewed demand from stockists and retailers amid restricted arrivals from producing regions.

While, refined palmolein, castorseeds bold, castor oil commercial and linseed oil ruled stable in the absence of largescale buying activity.

In the edible segment, groundnut oil climbed by Rs 5 per 10kg to Rs 970 from Thursday's closing level of Rs 965. However,Refined palmolein closed unchanged at Rs 505 per 10kg.

Moving to non-edible section, castorseeds bold, castor oil commercial and linseed oil ended unaltered at Rs 3,965 per 100kg, Rs 823 per 10kg and Rs 780 per 10kg, respectively.
 

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First Published: Jul 03 2015 | 4:07 PM IST

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