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Refined palmolein firms up consistent demand

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Press Trust of India Mumbai
Refined palmolein prices firmed up further at the Vashi oils and oilseeds wholesale market here today on consistent demand from retailers.

While, Groundnut oil slipped due to reduced offtake from stockist and retailers amid fresh arrivals from producing belts.

In the non-edible section, linseed oil declined on subdued demand from paint and allied industries.

Castorseeds bold and castoroil commercial ruled stable in absence of any worthwhile buying activity.

In the edible segment, refined palmolein rose by Rs 6 per 10kg to Rs 496 from Monday's closing level of Rs 490. However, Groundnutoil fell by Rs 10 per 10kg to Rs 970 from Rs 980.
 

Moving to non-edible section, linseed oil moved down by Rs 5 per 10kg to Rs 755 from overnight level of Rs 760.

Castorseed bold and castoroil commercial closed unchanged at Rs 3,600 per 100kg and Rs 750 per 10kg, respectively.

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First Published: Apr 21 2015 | 4:28 PM IST

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