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Refined plamolein edges up on retail offtake

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Press Trust of India Mumbai
Last Updated : Aug 14 2015 | 4:32 PM IST
Refined plamolein prices witnessed a modest rebound at the Vashi oils and oilseeds wholesale market here today on mild retail offtake.
Meanwhile, groundnut oil maintained a steady trend in the absence of necessary buying support amid adequate stock positions.
Among the non-edibles, castorseeds bold and castoroil commercial both firmed up further owing to sustained demand from shippers and industrial users.
Linseed oil, however held stable on lack of demand from paint and allied industries.
Refined plamolein looked up by Rs 2 per 10 kg to end at Rs 457 from Thursday's closing level of Rs 455. Groundnut oil finished unchanged at Rs 1,000 per 10 kg.
Castoroil commercial rose by Rs 25 per 100 kg to Rs 4,000 from overnight level of Rs 3,975 and castoroil commercial moved up by Rs 5 per 10 kg to Rs 830 as compared to Rs 8,25 previously. Linseed oil ended unaltered at Rs 770 per 10 kg.

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First Published: Aug 14 2015 | 4:32 PM IST

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