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Industrial oils declines on subdued demand

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Press Trust of India Mumbai
Castorseeds bold and castoroil commercial prices declined further in an otherwise lacklustre Vashi oils and oilseeds wholesale market here today due to subdued demand from shippers and soap industries.

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

In the non-edible section, castorseed bold fell by Rs 15 per 100kg to Rs 3,975 from Thursday's closing level of Rs 3,990 and castoroil commercial moved down by Rs 3 per 10kg to Rs 825 as against Rs 828 previously.

Linseed oil closed unchanged at Rs 785 per 10kg.

In the edible segment, groundnut and refined palmolein closed unaltered at Rs 950 per 10kg and Rs 505 per 10kg, respectively.
 

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First Published: Jun 20 2015 | 3:22 PM IST

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