# Refined palmolein dips amid lacklustre trade

> 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.

- Date: 2017-04-01 · published 2017-04-01T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/6876-refined-palmolein-dips-amid-lacklustre-trade
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Softer domestic palmolein prices reflect weak Indian demand, a small bearish signal for palm oil in the Indian market.

## Read by commodity

- PALMOIL: bearish ▼

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/refined-palmolein-dips-amid-lacklustre-trade-117040100380_1.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.