Refined palmolein recovers on mild offtake

Refined palmolein recovered modestly in an otherwise lackluster Vashi oils and oilseeds wholesale market on mild retail offtake.
Meanwhile, groundnut oil slipped owing to lower demand from stockist and retailers.
Castorseeds bold, castoroil commercial and linseedoil all held stable in the absence of any worthwhile buying.
In the non-edible segment, refined palmolein moved up by Rs 2 per 10 kg to Rs 506 from Friday's closing level of Rs 504. However, groundnutoil eased by Rs 5 per 10 kg to Rs 955 from 960.
Moving to the non-edible section, castorseeds bold, castoroil commercial and linseed oil all closed unchanged at 4,025 per 100 kg, Rs 835 per 10 kg and Rs 785 per 10 kg respectively.