(PTI) Groundnut oil prices hardened at a fairly active oils and oilseeds market here today due to rising demand from stockist and exporters amidst restricted arrivals from the producing belts.
Refined palmolein prices also rose on renewed demand from retailers.Castorseeds bold and castoroil commercial surged owing to firm demand from shippers and soap industries.
Linseed oil closed stable in the absence of any worthwile buying support.
In futures market, castorseeds prices shot up further on heavy speculative demand on the back of higher export orders.
In the edible oil section, Groundnutoil strengthened by Rs 5 per 10 kg to Rs 1,000 from Saturday''s close of Rs 995, refined palmolein added by Rs 4 per 10 kg to Rs 605 from Rs 601.
Turning to Non edible section, castorseeds bold climbed by Rs 60 per 100 kg to Rs 4,000 from Rs 3,940 and castor oil commercial went up by Rs 12 per 100 kg to Rs 830 previously.
Moving to futures section,castorseed for March delivery resumed higher at Rs 3,700 and advanced smartly to close at Rs 3,791 as compared to last weekend close of Rs 3,683, showing a net gain of Rs 108 per tonne.
MSN INDIA
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