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Industrial oils firms up on sustained demand

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Press Trust of India Mumbai
Castorseeds bold and castoroil commercial prices firmed up further at the Vashi oils and oilseeds wholesale market here today on sustained demand from shippers and soap manufacturers.

While, groundnut oil prices declined further due to subdued offtake from stockist and retailers.

Refined palmolein and linseed oil ruled stable due to lack of any worthwhile buying.

In the non-edible segment, castorseeds bold climbed by Rs 25 per 100kg to Rs 4,075 from Monday's closing level of Rs 4,050 and castoroil commercial moved up by Rs 5 per 10kg to Rs 845 from Rs 840.

Linseed oil closed unchanged at Rs 765 per 10kg.
 

Moving to edible section, Groundnut oil fell by Rs 5 per 10kg to Rs 780 as compared to Rs 785 yesterday.

Refined palmolein closed unaltered at Rs 502 per 10kg.

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First Published: Sep 23 2014 | 3:55 PM IST

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