ID :
148114
Sun, 10/31/2010 - 12:08
Auther :
Shortlink :
https://oananews.org//node/148114
The shortlink copeid
WEEKLY-MARKET-REVIEW 3
Oils and Oilseeds: Groundnut oil prices dropped sharply
at the oils and oilseeds market during the week under review
due to lack of demand from retailers and stockists coupled
with heavy arrival from key producing centres.
Refined palmolein continued rule firm owing to sustained
buying support ahead of Diwali festive season coupled with
higher Malaysian advices.
Castorseeds bold and castoroil commercial declined in the
absence of enquiries from shippers and soap manufacturers.
Castorseeds futures shot up owing to fresh export orders.
Meanwhile, linseed oil continued rule steady in the
absence of market moving factors.
In edible oils segment, Groundnut oil resumed lower at Rs
760 and dropped further to close at Rs 730 from preceding
weekend's level of Rs 780, showing a sharp fall Rs 50 per
10kg.
Refined palmolein opened higher at Rs 492, but later
moved down to end at Rs 488 as against last weekend's level of
Rs 484, disclosing a modest gain of Rs 4 per 10kg. MORE PTI
SBP EDM
BSR
The information contained in this electronic message and any attachments to this
message are intended for the exclusive use of the addressee(s) and may contain
proprietary, confidential or privileged information. If you are not the intended
recipient, you should not disseminate, distribute or copy this e-mail. Please notify
the sender immediately and destroy all copies of this message and any attachments
contained in it.