Refined palmolein recovers on renewed demand

Refined palmolein recovered marginally at the Vashi oils and oilseeds wholesale market here today following renewed demand from retailers.

Elsewhere, castor seeds bold and castor oil commercial also firmed up due to consistent demand from soaps and shippers industries.

While linseed oil softened due to lower demand from paint and allied industries.

Meanwhile, groundnut oil ruled steady in absence of any worthwhile buying activity.

In the edibles segment, refined palmolein gained by Rs 3 to Rs 673 per 10 kg from Wednesday's closing level of Rs 670 and groundnut oil closed unchanged at Rs 930 per 10kg.

Moving to non-edibles section, castor seeds bold climbed by Rs 45 to Rs 4,580 per 100 kg as against Rs 4,535 yesterday and castor oil commercial moved up by Rs 9 to Rs 946 per 10 kg from Rs 937.

Linseed oil edged down by Rs 2 to Rs 930 per 10 kg as compared to Rs 932.

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