Refined palmolein extends gains on sustained demand

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Press Trust of India Mumbai
Last Updated : Sep 01 2015 | 3:57 PM IST
Refined palmolein strengthened for the fourth-straight session at the Vashi oil and oilseed wholesale market here today due to sustained demand from retailers.
Meanwhile, groundnut oil and linseeds oil ruled steady in the absence of any worthwhile buying activity.
In the non-edible category, castorseeds bold and castor oil commercial rose further following firm offtake from shippers and soap industries.
In the edible segment, refined plamolein went up by Rs 2 per 10kg to Rs 435 from Monday's closing level of Rs 433.
Groundnut oil finished unchanged at Rs 1,040 per 10kg.
In the non-edible space, castorseed bold climbed to Rs 10 per 100kg to Rs 4,075 from Rs 4,065 and castoroil commercial moved up by Rs 2 per 10kg to Rs 845 against Rs 843 previously. Linseed oil ended unaltered at Rs 770 per 10kg.
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First Published: Sep 01 2015 | 3:57 PM IST

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