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Groundnut oil continued its downtrend on subdued demand

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Mumbai, Sep 10 (PTI) Groundnut oil prices continued itsdowntrend for the seventh straight session at the Vashi oilsand oilseeds wholesale market here today following subdueddemand from stockists and retailers. Refined palmolein moved down further on mild retailofftake. While, in non-edible section, castorseeds bold, castoroilcommercial and linseedoil prices all ruled steady in theabsence of any large-scale buying activity. In the edible segment, groundnut oil prices fell by Rs 5per 10 kg to Rs 1,250 from Friday’s closing level of Rs 1,255and Refined palmolein edged-down by a Re per 10 kg to Rs 626. Moving to non-edible segment, castorseeds bold, castoroil commercial and linseed oil all closed unchanged at Rs3,800 per 100 kg, Rs 790 and Rs 1,080 per 10 kg, respectively.PTI ARR SRKMKJ

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