Groundnut oil surges on growing demand
Groundnut oil surges on growing demand
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tyle="text-align:justify">Groundnut oil surged further at the Vashi oils and oilseeds wholesale market today on rising demand from stockists and retailers. Refined palmolein also slightly recovered owing to good demand from retailers.

Elsewhere, Castorseeds bold and castor oil commercial also strengthened following sustained demand from shippers and soap manufacturers.

Linseed oil rebounded due to fresh demand from paint and allied industries.

In the edible segment, groundnut oil rose by Rs 5 per 10 kg to Rs 1,180 from Friday's close Rs 1,175 and refined palmolein gained by a Rs 2 per 10kg to Rs 578 as against Rs 576 yesterday.

 

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