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Linseed oil recovers on fresh demand

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Press Trust of India Mumbai
Linseed oil recovered at the Vashi oils and oilseeds wholesale market here today on fresh demand from paint and allied industries.

While, groundnut oil and refined palmolein weakened further owing to sluggish demand from stockists and retailers amidst ample supply from producing region.

Meanwhile, castorseeds bold and castoroil commercial held stable in absence of any large-scale buying activity.

In the non-edibles segment, linseeds oil regained by Rs 5 per 10kg to Rs 875 from Last Saturday's close Rs 870.

Castorseeds bold and castoroil commercial closed unchanged at Rs 3,950 per 100kg and Rs 820 per 10kg respectively.

Moving to edible section, groundnut oil eased further by Rs 10 per 10kg to Rs 970 as against Rs 980 last weekends level and refined palmolein softened by a Re per 10kg to Rs 622.
 

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First Published: Feb 13 2017 | 3:57 PM IST

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