Business Standard

Refined palmolein firms up on rising demand -(A)


Press Trust of India Mumbai
Refined palmolein firmed up at the Vashi oils and oilseeds wholesale market here today due to rising demand from retailers.
Elsewhere, industrial oils recovered following renewed demand from soaps and shippers industries.
While, groundnut oil and linseeds oil ruled steady in absence of any large-scale buying activity.
In the edible section, refined palmolein edged up by Rs 4 per 10 kg to Rs 675 from Thursday's close Rs 671 and groundnut oil closed unchanged at Rs 890 per 10kg.
Moving to non-edible segment, castorseeds bold rebounded by Rs 25 per 100kg to Rs 4,550 as against Rs 4,525 and castoroil commercial moved up by Rs 5 per 10kg to Rs 940 from Rs 935 yesterday.
Linseeds oil ended unaltered to Rs 950 per 10kg.

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First Published: Aug 31 2018 | 6:36 PM IST

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