India groundnut oil softens on reduced offtake.

Groundnut oil prices fell at the wholesale oils and oilseeds market due to reduced offtake by stockists following easing demand from retailers. However, other edible and non-edible oils moved in a narrow range in limited deals and pegged at last levels. Reduced offtake by stockists due to fall in demand from retailers against adequate stocks position, mainly led to the decline in groundnut oil prices.