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Refined palmolein edges down lower demand

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Press Trust of India Mumbai
Last Updated : Jan 24 2013 | 2:10 AM IST

Meanwhile, groundnut oil held steady in the absence of any worthwhile buying.

In the non-edible segment, castorseeds bold, castoroil commercial and linseed oil all ruled stable in the absence of buying activity.

In futures, castorseeds declined further on selling pressure in the absences of export enquiries.

In the edible section, refined palmolein inched down by Re 1 per 10 kg to Rs 493 from Monday's closing level of Rs 494. Groundnut oil closed unchanged at Rs 1,250 per 10kg.

Moving to futures, castorseed December contract resumed slightly lower at Rs 3,550 and later moved in the range of Rs 3,560 and Rs 3,525 before finishing at Rs 3,540 as against Rs 3,556 yesterday, showing a net loss of Rs 16 per tonne.

Turning to non-edible segment, Castorseeds bold, castor oil commercial and linseed oil prices all closed unaltered at Rs 3,450 per 100kg, Rs 720 per 10 kg and Rs 820 per 10 kg, respectively.

  

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First Published: Dec 04 2012 | 5:35 PM IST

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