Financial Daily from THE HINDU group of publications
Thursday, Jan 10, 2002
Financial Daily from THE HINDU group of publications Thursday, Jan 10, 2002 |
|
|
|
|
|
Agri-Biz & Commodities
-
Commodities Markets Imported RBD palmolein declines Our Bureau
MUMBAI: Prices turned weak on the local oil and oilseeds market here on Wednesday due to poor demand amidst fresh arrival as groundnut oil, palmolein, castor oil and castorseed futures closed with notable losses. In the edible section, groundnut oil and imported RBD palmolein fell by Rs 3 each to Rs 355 and Rs 303 from the previous close of Rs 358 and Rs 306 respectively. In the non-edible section, castor oil commercial lost soap manufacturers' support and declined sharply by Rs 5 to Rs 245 from he previous of Rs 250, while castorseed bold Madras fell to Rs 1,095 from Rs 1,100. However, linseed oil moved in a narrow range and closed steady at Rs 370. In the futures market, castorseed February delivery opened steady at Rs 1,157, but soon met with heavy stockists' offering due to poor export enquiries and dropped to a low of Rs 1,140, before winding up at Rs 1,142, showing a sharp fall of Rs 15 over the last day's close of Rs 1,157.
Send this article to Friends by E-Mail
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |
Copyright © 2002, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|