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Refined palmolein edges down on reduced demand

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

Elsewhere, castorseeds bold and castor oil commercial also declined due to subdued demand from soaps and shippers industries.

While, groundnut oil and linseed oil held stable in the absence of any large-scale buying.

In the edible segment, refined palmolein softened by Rs 2 per 10 kg to Rs 522 from Monday's close at Rs 524.

However, groundnut oil closed unchanged at Rs 930 per 10 kg.

Moving to non-edible segment, castorseeds bold moved down by Rs 10 per 100 kg to Rs 4,740 as against Rs 4,750 yesterday and castor oil commercial eased by Rs 2 per 10 kg to Rs 978 from Rs 980.
 

Linseed oil ended unaltered at Rs 770 per 10 kg.

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First Published: Jul 18 2017 | 4:28 PM IST

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