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Refined palmolein rebounds on renewed demand

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Press Trust of India Mumbai
Last Updated : May 30 2015 | 2:57 PM IST
Refined palmolein rebounded at the Vashi oils and oilseeds wholesale market here today on renewed demand from retailers.
While, groundnut oil slipped due to subdued demand from stockist and retailers.
Linseed oil maintained a stable trend in the absence of any worthwhile buying.
In the non-edible section, castorseeds bold and castor oil prices recovered on fresh offtake from shippers and soap industries.
In the edible segment, refined palmolein climbed by Rs 8 per 10kg to Rs 507 from Friday's closing level of Rs 499. However, groundnutoil declined by Rs 5 per 10kg to Rs 925 from Rs 930.
Moving to non-edible section, castorseed bold rose by Rs 50 per 100kg to Rs 4,050 from overnight closing level of Rs 4,000 and castoroil commercial moved up by Rs 10 per 10kg to Rs 840 compared to Rs 830 yesterday.
Linseed oil all closed unchanged at Rs 775 per 10kg.

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First Published: May 30 2015 | 2:57 PM IST

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