Refined palmolein recovered on renewed demand

Refined palmolein prices recovered marginally at the Vashi oils and oilseeds wholesale market here on renewed demand from retailers.
While, groundnut oil maintained a stable trend in the absence of any worthwhile buying.
In the non-edible segment, castorseeds bold and castor oil commercial recouped due to fresh offtake from shippers and soap manufacturers.
Linseed oil surged owing to sustained demand from paint and allied industries.
In the edible segment, refined palmolein moved up by Rs 2 per 10kg to Rs 495 from Wednesday's level of Rs 493. However, groundnut oil closed unchanged at Rs 940 per 10kg.
In non-edible section, castorseed bold climbed by Rs 25 per 100kg to Rs 3,850 from Rs 3,825, castoroil commercial went up by Rs 5 per 10kg to Rs 800 compared with Rs 795 yesterday and Linseedoil rose by Rs 5 per 10kg to Rs 775 from Rs 770.