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Refined palmolein slipped on subdued demand

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Press Trust of India Mumbai
Refined palmolein slipped at the Vashi oils and oilseeds wholesale market here today due to subdued demand from retailers.

While, groundnut oil and linseed oil ruled stable in the absence of any worthwhile buying activity.

In the non-edible section, castorseeds bold and castor oil commercial gained further owing sustained offtake from shippers and soap industries.

In the edible segment, refined pamolein declined by Rs 3 per 10kg to Rs 490 from Monday's closing level of Rs 493. However, groundnut oil closed unchanged at Rs 490 per 10kg.

Moving to non-edible, Castorseeds bold climbed by Rs 15 per 100kg to Rs 3,665 from Rs 3,650, castoroil commercial moved up by Rs 3 per 10kg to Rs 763 as against Rs 760 previously. Linseedoil closed unaltered at Rs 760 per 10kg.

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First Published: Mar 24 2015 | 3:57 PM IST

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