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Refined palm oil surge in listless trade

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Press Trust of India Mumbai
Refined palm oil prices surged further in listless Vashi oils and oilseeds market here today due to renewed demand from retailers.

Castorseeds bold and castor oil commercial closed today on account of "Raksha Bandhan".

However, groundnut oil and linseed oil maintained a stable trend in the absence of any major buying activity.

In the edible segment, refined palmolein advanced by Rs 9 per 10kg to Rs 432 from Friday's closing level of Rs 423. Groundnut oil closed unchanged at Rs 1,040 per 10 kg.

Linseed oil was unaltered at Rs 770 per 10 kg.

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First Published: Aug 29 2015 | 3:13 PM IST

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