Business Standard

Refined palmolein gains on mild demand

Image

Press Trust of India Mumbai

Refined palmolein edged up further at the Vashi oils and oilseeds wholesale market here today on mild demand from retailers.

While, castor seeds bold and castor oil commercial dropped owing to reduced demand from soap and shippers industries.

Meanwhile, groundnut oil and linseed oil continued to rule steady in absence of any large-scale buying activity.

In the edible segment, refined palmolein inched up by a rupee per 10 kg to Rs 671 from Wednesday's closing level of Rs 670 and groundnut oil closed unchanged at Rs 890 per 10 kg.

Moving to non-edible section, castor seeds bold declined by Rs 20 to Rs 4,525 per 100 kg as against Rs 4,545 and castor oil commercial eased by Rs 4 to Rs 935 per 10 kg from Rs 939.

 

Linseed oil ended unaltered to Rs 950 per 10 kg.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 30 2018 | 5:35 PM IST

Explore News