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Industrial oils maintain its downtrend

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Press Trust of India Mumbai
Castorseeds bold and castoroil commercial continued its downtrend at the Vashi oils and oilseeds wholesale market here today following reduced demand from soap and shippers industries.

Elsewhere, refined palmolein edged down owing to mild demand from retailers.

Meanwhile, groundnut oil and linseeds oil maintained its steady trend in absence of any worthwhile buying support.

In the non-edible section, castorseed bold dropped by Rs 70 per 100kg to Rs 3,775 from Thursday's close Rs 3,845 and castoroil commercial fell by Rs 14 per 10kg to Rs 785 as against Rs 799 yesterday.

Linseed oil ended unaltered at Rs 1,000 per 10kg.
 

Moving to edible segment, refined palmolein softened by a Re per 10 kg to Rs 616 and groundnut oil closed unchanged at Rs 1,000 per 10 kg, respectively.

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First Published: Dec 16 2016 | 4:42 PM IST

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