Refined palmolein rebound on renewed demand

Refined palmolein rebounded at the Vashi oils and oilseeds wholesale market here today on renewed demand from stockists and retailers.
In non-edible segment, linseedoil declined owing to lower offtake from paint and allied industries.
Meanwhile, groundnut oil, castorseeds bold and castoroil commercial remained steady in the absence of any worthwhile buying activity.
The castorseeds futures rates were unavailable.
In the edible segment, refined palmolein climbed by Rs 8 per 10 kg to Rs 598 from last Saturday's closing level of Rs 590. Groundnut oil closed unchanged at Rs 750 per 10 kg.
Moving to non-edible segment, linseed oil eased by Rs 5 per 10 kg to Rs 835 as against Rs 840 previously. While castorseeds bold and castoroil commercial were unaltered at Rs 3,925 per 100 kg and Rs 815 per 10 kg, respectively.