Refined palmolein firms up on rising demand -(A)

Image
Press Trust of India Mumbai
Last Updated : Aug 31 2018 | 6:36 PM IST

Refined palmolein firmed up at the Vashi oils and oilseeds wholesale market here today due to rising demand from retailers.

Elsewhere, industrial oils recovered following renewed demand from soaps and shippers industries.

While, groundnut oil and linseeds oil ruled steady in absence of any large-scale buying activity.

In the edible section, refined palmolein edged up by Rs 4 per 10 kg to Rs 675 from Thursday's close Rs 671 and groundnut oil closed unchanged at Rs 890 per 10kg.

Moving to non-edible segment, castorseeds bold rebounded by Rs 25 per 100kg to Rs 4,550 as against Rs 4,525 and castoroil commercial moved up by Rs 5 per 10kg to Rs 940 from Rs 935 yesterday.

Linseeds oil ended unaltered to Rs 950 per 10kg.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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: Aug 31 2018 | 6:36 PM IST

Next Story