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Refined palmolein down on poor offtake

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Press Trust of India Mumbai
Refined palmolein edged down further at the Vashi oils and oilseeds wholesale market here today following poor offtake from retail buyers.

Elsewhere, castorseeds bold and castoroil commercial also dropped owing to reduced demand from soaps and shippers industries.

While, groundnut oil and linseed oil continued its stable trend in the absence of any worthwhile buying.

In the edible segment, refined palmolein eased by Rs 4 per 10kg to Rs 620 from Tuesday's close Rs 624 and groundnut oil closed unchanged at Rs 930 per 10 kg.

Moving to non-edible section, castorseeds bold weakened by Rs 15 per 100kg to Rs 4,105 as against Rs 4,120 yesterday and castoroil commercial edged down by Rs 3 per 10 kg to Rs 851 from Rs 854.
 

Linseeds oil ended unaltered to Rs 800 per 10 kg.

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First Published: Jan 17 2018 | 3:40 PM IST

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