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Groundnut oil slips on subdued demand

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Press Trust of India Mumbai
Groundnut oil prices fell in an otherwise lacklustre trade at the oils and oilseeds wholesale market here today due to subdued demand from stockists and retailers amidst good arrivals from producing regions.

Meanwhile, refined palmolein, linseedsoil, castorseeds bold and castoroil commercial all ruled stable in the absence of any worthwhile buying activity.

In the edible section, groundnut oil dropped by Rs 10 per 10kg to Rs 790 from last weekend's closing level of Rs 800. However, refined palmolein closed unchanged at Rs 568 per 10kg.

Moving to non-edible segment, castorseeds bold, castor oil commercial and linseeds oil all ended unaltered at Rs 4,150 per 100kg, Rs 860 and Rs 745 per 10kg, respectively.
 

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First Published: Jul 28 2014 | 3:58 PM IST

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