Agri Business

Festival demand heats up groundnut oil

Our Correspondent Rajkot | Updated on March 12, 2018 Published on August 13, 2013

Cotton oil and groundnut oil moved up on the back of festival demand. However, groundnut oil traded flat in retail .

Groundnut oil loose gained Rs 5 to Rs 955-960 for 10 kg while telia tin was gained Rs 8 to Rs 1,475-76 for 15 kg. Groundnut oil new tin was at Rs 1,700-05.

Similarly, cotton oil wash was improved by Rs 10 to Rs 617-620 for 10 kg and cotton oil new tin for 15 kg was moved up by Rs 10 to Rs 1,090-1,100.

According to traders, demand in cotton oil was higher than groundnut oil.

Moreover, higher availability of nuts for crushing also capped the gains in groundnut oil.

Published on August 13, 2013
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