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Industrial oil recovers on mild demand

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Press Trust of India Mumbai
Castorseeds bold and castoroil commercial recovered slightly at the Vashi oils and oilseeds wholesale market here today on mild demand from shippers and soap manufacturers.

While, groundnut oil slipped due to reduced offtake from stockists and retailers.

Meanwhile, refined palmolein and linseeds oil ruled steady following absence of any worthwhile buying activity.

In the non-edible segment, Castorseeds bold moved up by Rs 5 per 100kg to Rs 3,655 from tuesday's closing level of Rs 3,650 and castoroil commercial inched up by Re per 10kg to Rs 761.

Moving to non-edible segment, groundnutoil fell by Rs 5 per 10kg to Rs 920 from tuesday's closing level of Rs 925. However, refined palmolein closed unchanged at Rs 511 per 10kg.
 

Linseedoil closed unaltered at Rs 775 per 10kg.

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First Published: Mar 04 2015 | 4:22 PM IST

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