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Refined palmolein regains on renewed demand

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Press Trust of India Mumbai
Refined palmolein regained at the Vashi oils and oilseeds wholesale market here today due to renewed retail demand.

Groundnutoil and linseed oil remained steady in the absence of any large-scale buying.

Castorseeds bold and castoroil commercial slipped marginally following lower offtake from shippers and soap manufacturers.

The castorseeds futures rates were unavailable today.

In the edible segment, refined palmolein climbed by Rs 5 per 10 kg to Rs 570 from Thursday's closing level of Rs 565. Groundnutoil closed unchanged at Rs 780 per 10 kg.

Moving to non-edible section, castorseeds bold declined by Rs 50 per 100 kg to Rs 4,100 from Rs 4,115 and castoroil commercial eased by Rs 3 per 10 kg to Rs 850 as against Rs 853 previously. Linseeds closed unaltered at Rs 830 per 10 kg.
 

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First Published: Jan 10 2014 | 3:32 PM IST

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