Refined palmolein rebounds on renewed demand

Refined palmolein rebounded marginally at the Vashi oils and oilseeds wholesale market here today following renewed demand from retail buyers.

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

Meanwhile, groundnut oil and linseeds oil ruled steady in the absence of any large-scale buying activities.

In the edible segment, refined palmolein edged up by Rs 2 per 10 kg to Rs 595 from Wednesday's close at Rs 593 and groundnut oil closed unchanged at Rs 880 per 10 kg.

Moving to non-edible section, castorseeds bold slid by Rs 10 per 100 kg to Rs 4,715 as against Rs 4,725 yesterday and castor oil commercial softened by Rs 2 per 10 kg to Rs 973 as compared to Rs 975.

Linseeds oil ended unaltered at Rs 750 per 10 kg.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)