Palmolein refined firms up sharply
Palmolein refined firmed up sharply in an bullish oils and oilseeds market here on Monday on good demand from retailers.
By PTI |
MUMBAI: Palmolein refined firmed up sharply in an bullish oils and oilseeds market here on Monday on good demand from retailers.
Elsewhere, groundnut oil also inched up further on sustained demand. Castorseeds bold and its oil both inched up on stray industrial demand.
However, castorseeds futures reacted downwards on fresh stockists offerings at current level.
In the edible section, refined palmolein looked up by Rs 10 to Rs 475 from the last weekend's level of Rs 465 and groundnut oil looked up by Rs 3 to Rs 755 from Rs 752.
Turning to the non-edible section, castorseeds bold and its oil both moved up to Rs 2075 and Rs 445 respectively from Rs 2065 and Rs 443 previously. Linseed oil, however, continued to rule steady at Rs 545.
Moving to the futures section, castorseeds August contract ended lower at Rs 2044 as against the last weekend's level of Rs 2062, showing a loss of Rs 18.
Elsewhere, groundnut oil also inched up further on sustained demand. Castorseeds bold and its oil both inched up on stray industrial demand.
However, castorseeds futures reacted downwards on fresh stockists offerings at current level.
In the edible section, refined palmolein looked up by Rs 10 to Rs 475 from the last weekend's level of Rs 465 and groundnut oil looked up by Rs 3 to Rs 755 from Rs 752.
Turning to the non-edible section, castorseeds bold and its oil both moved up to Rs 2075 and Rs 445 respectively from Rs 2065 and Rs 443 previously. Linseed oil, however, continued to rule steady at Rs 545.
Moving to the futures section, castorseeds August contract ended lower at Rs 2044 as against the last weekend's level of Rs 2062, showing a loss of Rs 18.
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