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Edible And Non-Edibles Slip On Lower Demand

In the edible segment, groundnut oil declined by Rs 10 per 10kg to Rs 860 from Monday's closing of Rs 870 and refined palmolein softened by Rs 2 per 10kg to Rs 635 as against Rs 637

Photo Credit : Reuters,

Groundnut oil and refined palmolein slipped at the Vashi oils and oilseeds wholesale market here today following lower demand from stockist and retailers.


Elsewhere, castorseeds bold and castoroil commercial also fell due to weak demand from soaps and shippers industries.


Meanwhile, linseeds oil ruled steady in absence of any large-scale buying activity.


In the edible segment, groundnut oil declined by Rs 10 per 10kg to Rs 860 from Monday's closing of Rs 870 and refined palmolein softened by Rs 2 per 10kg to Rs 635 as against Rs 637.


Moving to non-edibles section, castorseeds bold moved down by Rs 15 per 100kg to Rs 4,250 as against Rs 4,265 and castoroil commercial edged down by Rs 3 per 10kg to Rs 880 from Rs 883 previously.


Linseeds oil ended unaltered to Rs 800 per 10kg. 


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