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Refined palmolein rebounds on renewed demand

Mumbai, Jun 23 (PTI) Refined palmolein rebounded marginally at the Vashi oils and oilseeds wholesale market here today following renewed demand from retailers.

Elsewhere, linseeds oil also recovered modestly due to fresh demand from paint and allied industries.

While, castorseeds bold and castoroil commercial slipped owing to subdued demand from soaps and shippers industries.

Meanwhile, groundnut oil ruled steady in absence of any large-scale buying activity.

In the edible segment, refined palmolein gained by Rs 2 per 10kg to Rs 706 from Friday's closing level of Rs 704 and groundnut oil closed unchanged at Rs 840 per 10kg.

On the other hand, castorseeds bold declined by Rs 10 per 100kg to Rs 4,120 as against Rs 4,130 yesterday and castoroil commercial edged down by Rs 2 per 10kg.

However, linseeds oil rose by Rs 5 per 10kg to Rs 810 as compared Rs 805 yesterday. PTI BPD MKJ


Disclaimer: This story has not been edited by BW staff and is auto-generated from a syndicated feed.

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