Linseeds oil firms up on rising demand

Image
Press Trust of India Mumbai
Last Updated : Mar 21 2018 | 6:45 PM IST

Linseeds oil firmed up modestly at the Vashi oils and oilseeds wholesale market here today on rising demand from paint and allied industries.

Elsewhere, refined palmolein also marginally rose, owing to good demand from retail buyers.

While, castor seeds bold and castor oil commercial dropped due to reduced demand from soaps and shippers industries.

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

In the non-edible segment, linseeds oil rose ruled at Rs 875 per 10kg.

However, castorseeds bold went-down by Rs 25 per 100kg to Rs 4,200 as against Rs 4,225 and castoroil commercial moved down by Rs 5 per 10kg to Rs 870 from Rs 875 yesterday.

Moving to the edible section, refined palmolein inched up per 10kg to Rs 718 and groundnut oil closed unchanged at Rs 840 per 10kg.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 21 2018 | 6:45 PM IST

Next Story