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Refined palmolein drops in listless trade

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Press Trust of India Mumbai
Refined palmolein prices dropped further in an otherwise listless Vashi oils and oilseeds wholesale market here today owing to reduced demand from retailers amidst bearish Malaysian cues.

While, groundnut oil, castorseeds bold, castor oil commercial and linseed oil ruled stable in the absence of any largescale buying activity.

In the edible segment, refined palmolein dipped by Rs 10 per 10 kg to Rs 490 from Monday's closing level of Rs 500.

Groundnut oil closed unchanged at Rs 950 per 10 kg.

Moving to non-edible section, castorseed bold, castor oil commercial and linseed oil all closed unaltered at its previous level of Rs 3,675 per 100 kg, Rs 765 per 10 kg and Rs 755 per 10 kg, respectively.
 

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First Published: Apr 28 2015 | 4:07 PM IST

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