Linseeds oil rebound on renewed demand

Linseeds oil recovered at the Vashi oils and oilseeds wholesale market here today following renewed demand from paint and allied industries.

Elsewhere, castorseeds bold and castoroil commercial also firmed up owing to rising demand from soaps and shippers industries.

Refined palmolein also surged due to firm demand from retailers.

Groundnut oil slipped following sluggish demand from stockists and retailers.

In the non-edibles segment, linseeds oil rose by Rs 12 per 10 kg to Rs 795 from Tuesday's closing level of Rs 783.

Castorseeds bold moved up by Rs 15 per 100 kg to Rs 4,090 as against Rs 4,075 and castoroil commercial edged up by Rs 3 per 10kg to Rs 848 from Rs 845.

Moving to edible section, refined palmolein gained by Rs 6 per 10 kg to Rs 731 as against Rs 725 yesterday.

However, groundnut oil eased by Rs 5 per 10 kg to Rs 840 as compared Rs 845.