Refined palmolein edges down on reduced demand

Press Trust of India  |  Mumbai 

Refined palmolein prices edged down further at the Vashi oils and oilseeds wholesale market here today following reduced demand from retailers.

Elsewhere, castorseeds bold and castor commercial also declined due to subdued demand from soaps and shippers industries.


While, groundnut and linseed held stable in the absence of any large-scale buying.

In the edible segment, refined palmolein softened by Rs 2 per 10 kg to Rs 522 from Monday's close at Rs 524.

However, groundnut closed unchanged at Rs 930 per 10 kg.

Moving to non-edible segment, castorseeds bold moved down by Rs 10 per 100 kg to Rs 4,740 as against Rs 4,750 yesterday and castor commercial eased by Rs 2 per 10 kg to Rs 978 from Rs 980.

Linseed ended unaltered at Rs 770 per 10 kg.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)