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Refined palmolein firm-up on steady demand

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Press Trust of India Mumbai
Refined palmolein prices rose further at the Vashi oils and oilseeds wholesale market here today amid steady demand from retailers.

In the non-edible, castor seed bold and castor oil commercial slipped due to reduced offtake from shippers and soap indusries.

Meanwhile, groundnut oil and linseed oil maintained a steady trend in the absence of any worth-while buying activity.

In the edible segment, refined palmolein moved-up by Rs 3 per 10kg to Rs 498 from Tuesday's closing level of Rs 495. Groundnut oil was unaltered at Rs 950 per 10kg.

Moving to non-edible section, castor seed bold eased by Rs 25 per 100kg to Rs 3,675 from Rs 3,700 and castor oil commercial edged-down by Rs 5 per 10kg to Rs 765 as compared to Rs 770 yesterday. Linseed oil closed unchanged at Rs 755 per 10kg.

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First Published: May 06 2015 | 3:57 PM IST

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