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Refined palmolein weakens on sluggish demand

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Press Trust of India Mumbai
Last Updated : Aug 08 2014 | 4:35 PM IST
Refined palmolein prices weakened further in an otherwise sluggish Vashi oils and oilseeds wholesale market here today due to subdued demand 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 edged-down by Re 1 per 10kg to Rs 555 from Thursday's closing level of Rs 556. Groundnut oil closed unchanged at Rs 780 per 10kg.
Moving to non-edible segment, Castorseeds bold, castor oil commercial and linseed oil all closed unaltered at Rs 4,165 per 100kg, Rs 863 per and Rs 760 per 10kg, respectively.

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First Published: Aug 08 2014 | 4:35 PM IST

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