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Refined palmolein recovers on renewed offtake

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Press Trust of India Mumbai
Refined palmolein recovered slightly in an otherwise lacklustre Vashi oils and oilseeds wholesale market here on renewed offtake from retailers.

Meanwhile, castorseeds bold and castor oil commercials weakend further following sluggish demand from shippers and soap industries.

However, groundnut oil and linseed oil held steady in the absence of any largescale buying activity.

In the edible section, refined palmolein edged up by Rs 2 per 10 kg to Rs 567 from Friday's closing level of Rs 565. Groundnutoil closed unchanged at Rs 785 per 10 kg.

Moving to non-edible segment, castorseeds bold declined by Rs 25 per 100 kg to Rs 4,200 from overnight close of Rs 4,225 and castor oil commercial eased by Rs 5 per 10 kg to Rs 870 from Rs 875.
 

Linseed oil ended unaltered at Rs 745 per 10 kg.

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First Published: Jul 05 2014 | 3:31 PM IST

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