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With demand from local brands and re-packers increasing, millers increased groundnut oil loose prices on Tuesday. Retail price remained steady, though, on normal demand. Cotton oil also traded flat. Groundnut oil loose was up ₹5 at ₹690-695 for 10 kg, Jamnagar line telia tin increased ₹7 to ₹1,082-83 for 15 kg. Groundnut oil new tin was traded at ₹1,265-70 for 15 kg. About 12-15 tankers of groundnut oil were traded in Saurashtra’s mills. A trader said that local brands’ demand is there due to upcoming marriage season. Moreover, current price level is attractive for stockists. However, groundnut oil price may not gain much as this year higher production has created huge stock in the mills. Cotton seed oil was flat on normal buying activity in the market. Washed cotton oil stood at ₹602-605 for 10 kg and cotton oil new tin was ₹1,090-1,100 for 15 kg. About 40-50 tankers of cotton oil were traded. Our Correspondent
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