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Refined palmolein declines on poor demand

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Press Trust of India Mumbai
Last Updated : Jun 08 2016 | 3:57 PM IST
Refined palmolein prices declined in an otherwise lackluster oils and oilseeds wholesale market here today due to reduced offtake from retailers in the face adequate stock positions.
However, no major trading activities was noticed in groundnut oil alongwith castorseeds bold, castoroil commercial and linseed oil.
In the edible segment, refined palmolein moved down by Rs 4 per 10 kg to Rs 574 from Tuesday's closing level of Rs 578. Groundnut oil finished unchanged at Rs 1,210 per 10 kg.
Moving to the non-edible segment, castorseeds bold, castor oil commercial and linseed oil were unaltered at Rs 3,225 per 100 kg, Rs 675 per 10 kg and Rs 1,250 per 10 kg, respectively.

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First Published: Jun 08 2016 | 3:57 PM IST

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