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Refined palmolein declines on lacklustre trade

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Press Trust of India Mumbai
Refined palmolein prices declined in an otherwise lacklustre Vashi oils and oilseeds wholesale market here today due to lack of retail demand.

Meanwhile, groundnut oil, linseed oil, castorseeds bold and castor oil commercial ruled stable in the absence of any largescale buying activity.

In the edible segment, Refined palmolein slipped by Rs 5 per 10 kg to Rs 570 from Monday's closing level of Rs 575. Groundnut oil closed unchanged at Rs 775 per 10 kg.

Moving to non-edible segment, castorseeds bold, castor oil commercial and linseed oil closed unaltered at Rs 4,300 per 100 kg, Rs 890 and Rs 740 per 10 kg, respectively.

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First Published: Jul 01 2014 | 4:14 PM IST

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