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Refined palmolein eases on mild demand

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Press Trust of India Mumbai
Last Updated : Jul 27 2015 | 4:42 PM IST
Refined palmolein slipped further at the Vashi oils and oilseeds wholesale market here today due to mild demand from retailers amid bearish Malaysian cues.
Meanwhile, groundnut oil ruled stable in the absence of any large-scale buying activity.
Among the non-edibles, castorbold and castoroil commercial slipped following subdued offtake from shippers and soap manufacturers
Linseed oil dropped owing to reduced demand from paints and allied industries.
In the edible segment, Refined palmolein slid by a Re per 10kg to Rs 485 from last Saturday's closing level of Rs 486. However, groundnut oil closed unchanged at Rs 1,010 per 10kg.
Casotorseeds bold dipped by Rs 25 per 100kg to Rs 3,950 from Rs 3,975, castoroil commercial moved down by Rs 25 per 10kg to Rs 820 as against Rs 825 and linseed fell by Rs 5 per 10kg to Rs 770 compared to Rs 775 previously.

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First Published: Jul 27 2015 | 4:42 PM IST

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