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Refined palmolein rebounds in lacklustre trade

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Press Trust of India Mumbai
Refined palmolein rebounded marginally in an otherwise lacklustre Vashi oils and oilseeds wholesale market here today following renewed demand from retail buyers.

While, groundnut oil slipped due to sluggish demand from stockists and retailers.

Meanwhile, castorseeds bold, castoroil commercial and linseeds oil held stable in absence of any worthwhile buying support.

In the edible segment, refined palmolein edged up by Rs 3 per 10 kg to Rs 645 from Thursday's close Rs 642, but groundnut oil eased by Rs 5 per 10kg to Rs 900 as against Rs 905 yesterday.

Moving the non-edible section, castorseeds bold, castoroil commercial and linseeds oil closed unchanged at Rs 4,615 per 100 kg, Rs 953 per 10 kg and Rs 750 per 10 kg, respectively.

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First Published: Dec 01 2017 | 4:10 PM IST

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