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Refined palmolein surges on rising demand

Press Trust of India  |  Mumbai 

Refined palmolein surged further at the Vashi oils and oilseeds wholesale market here today on rising demand from retailers.

While, castor seeds bold and castor commercial recovered slightly following mild offtake from shippers and soap industries.

Groundnut and linseed maintained a stable trend due to lack of any large-scale buying.

In edible segment, refined palmolein spurted Rs 16 per 10 kg to Rs 548 from Friday's closing level of Rs 532. Groundnut closed unchanged at Rs 850 per 10 kg.

Moving to non-edible section, castor seeds bold moved up by Rs 10 per 100 kg to Rs 4,725 from overnight close of Rs 4,715 and castor commercial added Rs 2 per 10 kg to Rs 975 as against Rs 973 previously.

Linseed ended unaltered at Rs 750 per 10 kg.

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

First Published: Sat, August 12 2017. 15:02 IST