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Groundnutoil declines on lower demand

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Press Trust of India Mumbai
Groundnutoil prices declined at the Vashi oils and oilseeds wholesale market here today on lower demand from stockists and retailers.

However, castorseeds bold and castoroil commercial recovered slightly following mild demand from shippers and soap industries.

Refined palmolein and linseedoil ruled stable in the absence of any worthwhile buying activity.

In the edible segment, groundnutoil eased by Rs 5 per 10kg to Rs 965 from Wednesday's closing level of Rs 970. Refined palmolein closed unchanged at Rs 505 per 10kg.

Castorseeds bold gained Rs 15 per 100 kg to Rs 3,965 from its overnight level of Rs 3,950 and castoroil commercial edged up by Rs 3 per 10kg to Rs 823 from Rs 820. Linseedoil ended unaltered at 780 per 10 kg.
 

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First Published: Jul 02 2015 | 3:57 PM IST

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