Groundnut oil gains on sustained demand

Mumbai, Apr 3 (PTI) Groundnut oil prices gained further at the Vashi oils and oilseeds wholesale market here today following sustained demand from stockists and retailers. Meanwhile, refined palmolein and linseed oil ruled stable in absence of any worthwhile buying. In non-edible section, castorseeds bold and castoroil commercial recouped smartly owing to renewed offtake from shippers and soap manufacturing units. In the edible segment, groundnut oil rose by Rs 10 per 10kg to Rs 1,055 from last Friday's closing level of Rs 1,050. Refined palmolein closed unchanged at Rs 557 per 10kg. Moving to non-edible section, castorseeds bold jumped by Rs 50 per 100 kg to Rs 5,050 as compared to Rs 5,000 and castoroil commercial moved up by Rs 10 per 10 kg to Rs 1,040 as against Rs 1,030 previously. Linseed oil closed unaltered at Rs 850 per 10kg.
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