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Industrial oils climb on rising demand

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Press Trust of India Mumbai
Last Updated : Jun 20 2014 | 4:22 PM IST
Castorseeds bold and castoroil commercial climbed further at the Vashi oils and oilseeds wholesale market here on rising demand from shippers and soap manufacturing units.
Refined palmolein eased owing to reduced retail offtake.
Groundnut oil and linseed oil held steady due to lack of any major buying activity.
In non-edible segment, castorseeds bold strengthened by Rs 50 per 100 kg to Rs 4,150 from Thursday's close of Rs 4,100 and castoroil commercial also added by Rs 10 per 10 kg to Rs 860 from Rs 850 previously. Linseedoil closed unchanged at Rs 735 per 10 kg.
Moving to edible segment, refined palmolein moved down by Rs 3 per 10 kg to Rs 572 from yesterday's closing level of Rs 575. However, groundnut oil ended unaltered at Rs 740 per 10 kg.

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First Published: Jun 20 2014 | 4:22 PM IST

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