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Refined palmolein eased on lower demand

Press Trust of India  |  Mumbai 

Refined palmolein prices eased further at the Vashi oils and oilseeds wholesale market here today following lack of demand from retailers.

Elsewhere, castorseeds bold and castoroil commercial gained owing to sustained demand from shippers and soap industries.

While, groundnut and linseedoil ruled steady in the absence of any large scale buying.

In the edible segment, refined palmolein moved down by Rs 2 per 10 kg to Rs 524 from last Friday's close of Rs 526. However, groundnutoil closed unchanged at Rs 930 per 10 kg.

Moving to non-edible segment,castorseeds bold declined by Rs 25 per 100 kg to Rs 4,750 from Rs 4,725 and castoroil commercial rose by Rs 5 per 10 kg to Rs 980 as compared to Rs 975, previously. Linseedoil ended unaltered at Rs 770 per 10 kg.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, July 17 2017. 15:42 IST