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Oils and Oilseeds: Edible and non-edible oils prices

slipped while, linseed oil maintained a stable trend at the Oils and Oilseeds wholesale market week under review.

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slipped while, linseed oil maintained a stable trend at the Oils and Oilseeds wholesale market week under review.

Groundnut oil slipped following reduced demand from stockists and retailers.

Refined palmolein also declined owing to subdued retail buying.

Castorseeds bold and castor oil commercial fell owing to reduced offtake from shippers and soap manufacturing unit.

Linseeds oil continued its stable trend in the absence of any major buying from paint and allied industries.

In the edible section, groundnut oil opened stable at Rs 940, later declined to close at Rs 925 as compared to last Saturday's closing level of Rs 940, revealing a loss of Rs 15 per 10kg.

Refined palmolein resumed higher at Rs 545 and moved in a range of Rs 545 and Rs 532 before finishing at Rs 530 as against previous weekend's level of Rs 543, showing a loss of Rs 13 per 10kg.

Turning to non-edible segment, castorseeds bold commenced stable at Rs 4,550 later slipped to Rs 4,415 before concluding at Rs 4,460 against last weekends level Rs 4,550, showing a loss of Rs 90 per 100kg.

Similarly, castor oil commercial also opened stable at Rs 940 and later declined to Rs 913 before ending at Rs 922 as compared to Last weekend's level of Rs 940, a loss of Rs 18 per 10kg.

Linseed oil prices opened and closed stable at its previous weekends level of Rs 780 per 10kg. MORE

 

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)

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