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Mumbai, July 8 (PTI) Refined palmolein prices moved up at the oils and oilseeds market here today on increased demand by stockists and retailers, supported by higher Malaysian advices. On the other hand, groundnut oil maintained a stable trend in the absence of worthwhile buying activity. Meanwhile, castorseed futures edged higher owing to fresh enquiries from exporters. Castorseed bold, castoroil commercial and linseed oil closed at their previous levels due to lack of buying support. In the edible section, refined palmolein gained Rs 2 per 10 kg to Rs 406 from yesterday''s closing level of Rs 404, while groundnut oil held steady at Rs 775. Turning to the futures section, castorseed''s August contract resumed higher at Rs 3,563 and strengthened further to Rs 3,577, before closing at Rs 3,564 as against Rs 3,556 previously, showing a modest gain of Rs 8 per tonne. Moving to the non-edible section, castorseeds bold, castoroil commercial and linseed, all were unaltered at Rs 3,575, Rs 745 and Rs 495, respectively.
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