Refined palmolein rallies on persistent demand

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Press Trust of India Mumbai
Last Updated : Jun 17 2014 | 4:23 PM IST
Refined palmolein prices continued its rising trend at the Vashi oils and oilseeds wholesale market here today due to persistent retail demand.
Groundnut oil and linseed oil maintained a stable trend in the absence of any worthwhile buying activity.
In the non-edible segment,castorseeds bold and castoroil commercial prices gained further owing to firm demand from shippers and soap industries.
In the edible segment, refined palmolein rose by Rs 6 per 10kg to Rs 570 from Monday's closing level of Rs 564. Groundnut oil closed unchanged at Rs 740 per 10kg.
Moving to non-edible segment, castorseeds bold advanced by Rs 25 per 100kg to Rs 4,050 from Rs 4,025 and castor oil commercial moved up by Rs 5 per 10kg to Rs 840 as against Rs 835 yesterday. Linseedoil closed unchanged at Rs 735 per 10kg.
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First Published: Jun 17 2014 | 4:23 PM IST

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