Groundnut, coconut oils up on retailers demand
Wholesale prices of groundnut and coconut rose by Rs 20 per tin in the national capital on Saturday on increased offtake by retailers and stockists.
By PTI |
NEW DELHI: Wholesale prices of groundnut and coconut rose by Rs 20 per tin in the national capital on Saturday on increased offtake by retailers and stockists.
Groundnut solvent refined gained Rs 20 at Rs 1,150-1,200 per tin, while coconut oil traded Rs 20 higher at Rs 1100-1110 per tin of 15 litre.
On the other hand, cottonseed mill delivery oil lacked necessary buying support and lost Rs 60 to Rs 5,600 per quintal.
In the non-edible section, castor oil climbed by Rs 200 to Rs 7,000-7,100 per quintal on pick up in export demand.
Marketmen said increased buying by stockists and retailers mainly pushed up groundnut solvent refined and coconut oil prices.
Groundnut solvent refined gained Rs 20 at Rs 1,150-1,200 per tin, while coconut oil traded Rs 20 higher at Rs 1100-1110 per tin of 15 litre.
On the other hand, cottonseed mill delivery oil lacked necessary buying support and lost Rs 60 to Rs 5,600 per quintal.
In the non-edible section, castor oil climbed by Rs 200 to Rs 7,000-7,100 per quintal on pick up in export demand.
Marketmen said increased buying by stockists and retailers mainly pushed up groundnut solvent refined and coconut oil prices.
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