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Refined palmolein climbs on sustained demand

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Press Trust of India Mumbai
Refined palmolein climbed further at the Vashi oils and oilseeds wholesale market here today following sustained demand from retail buyers.

Elsewhere, groundnut oil rebounded smartly owing to renewed demand from stockists and retailers.

Linseeds oil firmed up due to rising demand from paint and allied industries.

While, castorseeds bold and castor oil commercial slipped due to sluggish demand from soaps and shippers industries.

In the edible segment, refined palmolein rose by Rs 45 per 10 kg to Rs 700 from last Thursday's closing level of Rs 655 and groundnut oil went-up by Rs 25 per 10 kg to Rs 870 as against Rs 845.
 

Moving to non-edible section, linseeds oil surged by Rs 20 per 10 kg to Rs 850 from Rs 830.

However, castorseeds bold declined by Rs 25 per 100 kg to Rs 4,190 as compared to Rs 4,215 previously and castor oil commercial moved down by Rs 5 per 10 kg to Rs 868 from Rs 873.

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First Published: Mar 03 2018 | 3:20 PM IST

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