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Refined palmolein eases on listless trade

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Press Trust of India Mumbai
Last Updated : Jan 25 2013 | 5:33 AM IST

Linseed oil also moved down due weak demand from paint and allied industries.

While groundnut oil, castorseeds bold and castoroil commercial held steady in the absence of any major buying activity.

In futures, castorseeds maintained its downtrend on speculative selling following poor export enquiries.

In the edible segment, Refined palmolein edged down by Rs 3 per 10 kg to Rs 500 from Wednesday closing level of Rs 500. Groundnut oil closed unchanged at Rs 1,000 per 10 kg.

Turning to non-edible segment, Linseed oil went down by Rs 5 per 10 kg to Rs 785 as against Rs 790 yesterday.

Castorseeds bold and castor oil commercial closed unaltered at Rs 3,350 per 100 kg and Rs 700 per 10 kg respectively

Moving to futures, castorseed December contract resumed lower at Rs 3,570, later gained slightly to Rs 3,575 before drifting to end at Rs 3,518 as against Rs 3,592 yesterday, showing a fall of Rs 74 per tonne.

  

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First Published: Oct 04 2012 | 5:45 PM IST

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