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Industrial oils climb on persistent demand

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Press Trust of India Mumbai

Castor seed bold and castor oil commercial climbed at the Vashi oils and oilseeds wholesale market here today following persistent demand from soaps and shippers industries.

While, groundnut oil declined owing to poor offtake from stockists and retailers.

Meanwhile, refined palmolein and linseed oil ruled steady in the absence of any worthwhile buying activity.

In the non-edible section, castor seed bold surged by Rs 110 per 100 kg to Rs 4,310 from Thursday's closing level of Rs 4,200 and castor oil commercial rose by Rs 22 per 10 kg to Rs 892 as against Rs 870, respectively.

Linseed oil ended unaltered to Rs 820 per 10 kg.

 

Moving to the edibles segment, groundnut oil fell by Rs 20 per 10 kg to Rs 820 as compared to Rs 840 yesterday and refined palmolein closed unchanged at Rs 698 per 10 kg.

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First Published: Jul 06 2018 | 4:00 PM IST

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