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Refined palmolein edges down on mild demand

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Press Trust of India Mumbai
Refined palmolein prices edged down at the Vashi oils and oilseeds wholesale market here today due to mild demand from retailers.

While, castorseeds bold and castoroil commercial surged further following rising demand from soaps and shippers industries.

Meanwhile, groundnut oil and linseed oil ruled steady in absence of any large-scale buying.

In edible section, refined palmolein softened by Rs 2 per 10 kg to Rs 563 from Wednesday's close at Rs 565 and groundnutoil closed unchanged at Rs 925 per 10 kg.

In the non-edible segment, castorseeds bold firmed up by Rs 10 per 100 kg to Rs 3,785 as against Rs 3,775 and castoroil commercial moved up by Rs 2 per 10kg to Rs 787 as compared Rs 785 yesterday.
 

Linseedoil ended unaltered at Rs 860 per 10 kg.

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First Published: Nov 03 2016 | 4:28 PM IST

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