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Industrial oils fall on reduced demand

Press Trust of India  |  Mumbai 

seeds bold and commercial fell further at the Vashi oils and oilseeds wholesale market here today on reduced demand from soaps and shippers industries.

Linseeds slid owing to lower demand from and allied industries.

Elsewhere, refined palmolein also eased due to subdued demand from retailers.

While, groundnut ruled steady in the absence of any large-scale buying activity.

In the non-edibles section, seeds bold weakened by Rs 55 per 100 kg to Rs 4,015 from Wednesday's closing level of Rs 4,070 and commercial also declined by Rs 11 per 10 kg to Rs 833 as against Rs 844 previously.

Linseeds oil moved down by Rs 7 per 10 kg to Rs 780 as compared to Rs 773 yesterday.

Moving to the edible segment, refined palmolein edged down by Rs 2 per 10 kg to Rs 718 from Rs 720 and closed unchanged at Rs 845 per 10 kg, respectively.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, May 17 2018. 16:10 IST