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Refined palmolein climbs on sustained demand

Press Trust of India  |  Mumbai 

Refined palmolein climbed further at the Vashi oils and oilseeds wholesale here today following sustained demand from buyers. Elsewhere, groundnut rebounded smartly owing to renewed demand from stockists and retailers. Linseeds firmed up due to rising demand from and allied industries. While, castorseeds bold and commercial slipped due to sluggish demand from soaps and shippers industries. In the edible segment, refined palmolein rose by Rs 45 per 10 kg to Rs 700 from last Thursday's closing level of Rs 655 and went-up by Rs 25 per 10 kg to Rs 870 as against Rs 845. Moving to non-edible section, linseeds surged by Rs 20 per 10 kg to Rs 850 from Rs 830. However, castorseeds bold declined by Rs 25 per 100 kg to Rs 4,190 as compared to Rs 4,215 previously and commercial moved down by Rs 5 per 10 kg to Rs 868 from Rs 873.

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

First Published: Sat, March 03 2018. 15:20 IST
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