26/03/2012 (Economic Times) - Wholesale prices of edible oils continue to rise for the third week at the local market here on increased buying by vanaspati millers amid a firming global trend.

A few oils in the non-edible section, also showed firmness on increased offtake by industrial units and other consuming industries.

Sentiment also bolstered as palm oil climbed to the highest level in more than nine months in global markets on concern that output in the second-largest producer Malaysia will decline