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Refined palmolein edges-up in mute trade

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Press Trust of India Mumbai
Refined palmolein prices gained marginally in an otherwise mute oils and oilseeds wholesale market here today due to rising offtake from retailers as well as good domestic demand.

While, groundnut oil maintained a steady trend in absence of any large-scale buying activity.

Catorseed bold, castor oil commercial and linseed oil also stable trend in the absence of necessary buying support.

Turning to edible segment, refined palmolein moved up by Rs 3 per 10kg to Rs 505 from Friday's closing level of Rs 502, while groundnut oil held unchanged at Rs 950 per 10kg.

In non-edible section, castorseed bold, castor oil commercial and linseed oil all closed unaltered at Rs 3,200 per 100kg, Rs 670 per 10kg and Rs 850 per 10kg, respectively.

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First Published: Feb 06 2016 | 3:32 PM IST

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