Oils and Oilseeds: Groundnut oil and refined Palmolein

drops further, while industrial oils rebound at the Vashi oils and oilseeds wholesale market during the week under review.

Groundnut oil dropped further following reduced demand from stockists and retailers amidst ample supply position.

Elsewhere, refined palmolein also weakened due to lower demand from ratail buying.

While, castorseeds bold and castoroil commercial rebounded smartly owing to fresh demand from soap and shippers industries.

Linseedoil recovered owing to renewed demand from paint and allied industries.

In the edible oil segment, groundnutoil opened lower at Rs 970 and later moved up to Rs 980 before ending at Rs 970 from last weekend's level of Rs 980, showing a marginal loss of Rs 10 per 10 kg.

Refined palmolein resumed lower at Rs 622 and later drifted further to conclude at Rs 595 from previous weekend's level of Rs 623 per 10kg, revealing a loss of Rs 28 per 10 kg.

Among the non-edibles, castorseeds bold commenced steady to Rs 3,950 and climbed to close at Rs 4,025 as against last Saturday's level of Rs 3,950 per 100kg, showing a smart rise of Rs 75 per 100kg.

Castoroil commercial also opened stable at Rs 820 and gained to finish at Rs 835 from preceding weekend's level of Rs 820, registered a gain of Rs 15 per 10 kg.

Linseed oil resumed higher at Rs 875 per 10kg and later finished same level to Rs 875 from last weekend's level Rs 870, showing a loss of Rs 5 per 10kg.

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