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Refined palmolein advances on firm demand

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Press Trust of India Mumbai
Refined palmolein advanced at the Vashi oils and oilseeds wholesale market here today due to firm demand from retailers.

Meanwhile, groundnut oil and linseed oil ruled steady in the absence of any worthwhile buying activity.

In the non-edible section, castorseeds bold and castor oil commercial recovered following renewed demand from shippers and soap manufacturing units.

In the edible segment, refined palmolein rose by Rs 8 per 10kg to Rs 470 from Friday's closing level of Rs 462 and groundnut oil closed unchanged to Rs 950 per 10kg.

Moving to non-edible segment, castorseeds bold climbed by Rs 10 per 100kg to Rs 3,975 as against to Rs 3,965 and castoroil commercial edged up by Rs 2 per 10kg to Rs 825 from Rs 823 yesterday.
 

Linseed oil closed unaltered at Rs 875 per 10 kg.

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First Published: Dec 05 2015 | 3:28 PM IST

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