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Refined palmolein firm on sustained demand

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Press Trust of India Mumbai
Refined palmolein prices firmed-up at the Vashi oils and oilseeds wholesale market here today due to sustained demand from retailers.

While, groundnut oil prices held steady in the absence of any worthwhile buying.

Among the non-edibles, castorseeds bold and castoroil commercial recovered modestly owing to mild offtake from shippers and soap industries.

Linseedoil ruled stable in the absence of any large-scale buying activity.

In the edible segment, refined palmolein gained by Rs 3 per 10kg to Rs 470 from Friday's level of Rs 467. Groundnut-oil closed unchanged at Rs 975 per 10 kg.

Moving to the non-edible section, Castorseeds bold moved-up by Rs 25 per 100kg to Rs 3,550 from Rs 3,525 and castoroil commercial went up by Rs 5 per 10kg to Rs 740 as against Rs 735 yesterday.
 

Linseedoil closed unaltered at Rs 875 per 10kg.

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First Published: Jan 16 2016 | 3:22 PM IST

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