Groundnut oil falls on passive demand
Groundnut oil falls on passive demand
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Tuesday;June 14,2016:Groundnut oil prices fallen at the Vashi oils and oilseeds wholesale market due to passive demand from stockists and retailers. Refined palmolein eased owing to lower off take from retailers.Linseed oil dropped following poor demand from paint and allied industries.

In the non-edible section, castorseeds bold and castor oil commercial fell further owing to reduced offtake from shippers and soap industries.

In the edible segment, groundnut oil fell by Rs 5 per 10 kg to Rs 1,240 from Monday's closing level of Rs 1,245 and refined palmolein softened by Re 1 per 10 kg to Rs 567.

Moving to non-edible section, castorseeds bold declined by Rs 25 per 100 kg to Rs 3,150 from Rs 3,175 and castoroil commercial moved down by Rs 5 per 10 kg to Rs 660 as compared to Rs 667 yesterday.

Linseed oil gone down by Rs 20 per 10 kg to Rs 1,180 from Rs 1,200.

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