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Refined palmolein edges-up on firm demand

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Press Trust of India Mumbai

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Refined palmolein prices edged-up further at the Vashi oils and oilseeds wholesale market due tofirm demand from retailers.

While, groundnut oil and linseeds oil ruled steady in the absence of any worthwhile buying activity.

In the non-edible, castorseeds bold and castoroil commercial gained on sustained demand from shippers and soap industries.

In the edible segment, refined palmolein inched-up by a Re per 10kg to Rs 484 from Tuesday's closing of Rs 483. However, groundnut oil closed unchanged at Rs 980 per 10kg.

Moving to non-edible segment, Castorseeds bold rose by Rs 15 per 100kg to Rs 4,165 from Rs 4,150 and castoroil commercial moved up by Rs 3 per 10kg to Rs 863 as against Rs 860 yesterday.
 

Linseed oil closed unaltered at 775 per 10 kg.

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First Published: Feb 04 2015 | 4:15 PM IST

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