Marginal recovery in refined palmolein

Image
Press Trust of India Mumbai
Last Updated : May 13 2014 | 3:49 PM IST
Refined palmolein recovered marginally in an otherwise sluggish Vashi oils and oilseeds wholesale market here today on mild retail offtake.
In the non-edible segment linseedoil declined due to subdued demand from paint and allied industries.
Meanwhile, groundnutoil, castorseeds bold and castoroil commercial traded stable in the absence of any large-scale buying.
In the edible section, refined palmolein inched up by a Re per 10 kg to Rs 593 from Monday's close of Rs 592. Groundnut oil closed unchanged at Rs 770 per 10 kg.
Moving to non-edible section, linseedoil eased by Rs 5 per 10 kg to Rs 760 as against Rs 765 previously.
However, castorseeds bold and castoroil commercial ended unaltered at Rs 3,975 per 100 kg and Rs 825 per 10 kg respectively.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 13 2014 | 3:49 PM IST

Next Story