Refined palmolein gains on sustained demand

Refined palmolein prices gained further at the Vashi oils and oilseeds wholesale market due to sustained demand from retailers.

By :  migrator
Update: 2018-03-31 11:06 GMT

Mumbai

However, groundnut oil and linseed oil ruled stable in the absence of any major buying activity.

In the non-edible section, castor seeds bold and castor oil commercial slipped following subdued offtake from shippers and soap industries.

In the edible segment, refined palmolein moved up by Rs 2 per 10 kg to Rs 726 from Friday's closing level of Rs 724. Groundnut oil closed unchanged at Rs 840 per 10 kg.

Moving to the non-edible segment, castor seeds bold eased by Rs 10 per 100 kg to Rs 4,180 from Rs 4,190 and castor oil commercial went down by Rs 2 per 10 kg to Rs 866 as against Rs 868 earlier. Linseed oil ended unaltered at Rs 800 per 10 kg.

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