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Refined palmolein dipped by Re 1 per 10 kg to Rs 557 at the Vashi wholesale market in India amid weak retail offtake. Groundnut oil and the non-edible oilseed and oil prices were steady or unchanged.
Softer domestic palmolein prices reflect weak Indian demand, a small bearish signal for palm oil in the Indian market.
business-standard.comPress Trust of IndiaApr 1, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
