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Industrial oils rebound in lacklustre trade

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Press Trust of India Mumbai
Castorseeds bold and castoroil commercial recouped smartly in an otherwise lacklustre Vashi oils and oilseeds wholesale market here today due to renewed demand from shippers and soap manufacturing units.

While groundnut oil, refined palmolein and linseed oil ruled stable in the absence of any worthwhile buying.

In the non-edible segment, castorseeds bold climbed by Rs 65 per 100 kg to Rs 4,065 from Tuesday's closing level of Rs 4,000 and castoroil commercial rose by Rs 13 per 10 kg to Rs 843. Linseedoil closed unchanged at Rs 850 per 10 kg.

Moving to edible-section, groundnut oil and refined palmolein closed unaltered at Rs 980 and Rs 575 per 10kg, respectively.
 

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First Published: Mar 01 2017 | 3:57 PM IST

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