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Industrial oils drop on reduced demand

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Press Trust of India Mumbai
Last Updated : Mar 10 2014 | 4:07 PM IST
Castorseeds bold and castor oil commercial dropped in an otherwise lacklustre Vashi oils and oilseeds wholesale market here today due to reduced demand from shippers and soap industries.
Meanwhile, groundnutoil, refined palmolein and linseed oil all held steady in the absence of any large-scale buying activity.
The castorseeds futures rates were unavailable.
In the non-edible segment, castoroseeds bold dipped by Rs 65 per 100kg to Rs 4,025 from last Saturday's closing level of Rs 4,090 and castoroil commercial declined by Rs 13 per 10kg to Rs 835 from Rs 848.
However, groundnut oil, refined palmolein and linseed oil all closed unchanged at Rs 760, Rs 640 and Rs 850 per 10 kg, respectively.

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First Published: Mar 10 2014 | 4:07 PM IST

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