ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Drifting Lower

 curb and larger consumption of cottonseed oil and imported soyabean oil and sunflower oil this season. Besides, larger imports of mutton tallow have also affected the demand for groundnut oil by the soap industry. With a further large quantity of soyabean oil reaching the country in October-November, it is hardly surprising that the prospect of a good groundnut crop because of the ideal weather conditions so far should have imparted a distinctly bearish tendency to the market.

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