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Refined palmolein recover slightly on mild demand

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Press Trust of India Mumbai
Last Updated : Jan 20 2016 | 3:57 PM IST
Refined palmolein recovered slightly at the Vashi oils and oilseeds wholesale market here today due to mild demand from retailers.
While, groundnutoil, castorseeds bold and castoroil commercial ruled stable in the absence of any major buying activity.
However, linseed oil declined further owing to lower offtake from paint and allied industries.
In the edible segment, Refined palmolein edged up by Rs 2 per 10 kg to Rs 472 from Tuesday's closing level of Rs 470. Groundnutoil closed unchanged at Rs 970 per 10 kg.
Moving to the non-edible section, linseedoil eased by Rs 5 per 10 kg to Rs 865 from its overnight level of Rs 870.
Castorseeds bold and castoroil commercial ended unaltered at Rs 3,550 per 100 kg and Rs 740 per 10 kg, respectively.

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First Published: Jan 20 2016 | 3:57 PM IST

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