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Refined palmolein ease on sluggish demand

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

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

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

In the edible segment, refined palmolein softened by Rs 2 per 10kg to Rs 624 from Monday's close Rs 626 and groundnut oil closed unchanged at Rs 930 per 10 kg.

Moving to non-edible section, castorseeds bold fell by Rs 55 per 100kg to Rs 4,120 as against Rs 4,175 yesterday and castoroil commercial dropped by Rs 11 per 10 kg to Rs 854 from Rs 865.
 

Linseeds oil ended unaltered to Rs 800 per 10 kg.

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First Published: Jan 16 2018 | 4:25 PM IST

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