BUSINESS
Linseed ended stable at the oils & oilseeds wholesale market week under review.
while, linseed ended stable at the oils & oilseeds wholesale market week under review.
Groundnut oil continued its downtrend trend for the fourth straight session following reduced demand from stockists and retailers amid fresh arrivals from producing regions.
Refined palmolein slipped owing to subdued retail buying support.
Castorseeds bold and castor oil commercial fell due lower demand from shippers and soap industrial units.
Linseed oil ruled stable in the absence of any large scale buying from paint and allied industries.
In the edible segment, groundnut oil opened stable at Rs 1,020 and later dipped to close at Rs 970 as compared to last Saturday's closing level of Rs 1,020, revealing a loss of Rs 50 per 10kg.
Refined palmolein resumed stable at Rs 568 and later declined to finish at Rs 558 as against previous weekend's level of Rs 568, showing a loss of Rs 10 per 10kg.
Turning to non-edible section, castorseeds bold commenced lower at Rs 4,850 and moved down to end at Rs 4,825 as compared to last weekends' level to Rs 4,875, showing a loss of Rs 50 per 100kg.
Similarly, castoroil commercial commenced lower at Rs 1,000 and fell further to close Rs 995 as against previous weekends's level of Rs 1,005, a fall of Rs 10 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.)