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Refined palmolein slumps on subdued demand

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Press Trust of India Mumbai
Last Updated : Aug 22 2014 | 4:20 PM IST
Refined palmolein maintained its downtrend in an otherwise dull Vashi oils and oilseeds wholesale market here today due to lack of buying support from retailers.
Meanwhile, groundnut oil, linseed oil, castorseeds bold and castoroil commercial all ruled stable in the absence of any large-scale buying activity.
In the edible section, refined palmolein fell by Rs 5 per 10kg to Rs 515 from Thursday's closing level of Rs 520. Groundnut oil closed unchanged at Rs 765 per 10kg.
Moving to non-edible segment, Castorseeds bold, castor oil commercial and linseed oil all closed unaltered at Rs 4,175 per 100kg, Rs 865 per and Rs 760 per 10kg, respectively.

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First Published: Aug 22 2014 | 4:20 PM IST

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