Industrial oils gain on good offtake

Castorseeds bold and castor oil commercial moved up further at the Vashi oils and oilseeds wholesale market here today on good offtake from shippers and soap industries.
While groundnut oil weakened on selling by stockists, refined palmolein also slipped on reduced retail offtake.
Linseed oil maintained a stable trend in the absence of any major buying from paint and allied industries.
In the non-edible section, castorseeds bold firmed up by Rs 25 per 100 kg to Rs 3,675 from last Saturday's closing level of Rs 3,650 and castor oil commercial added Rs 5 per 10 kg to Rs 765 from Rs 760.

Moving to edible segment, groundnut oil declined by Rs 5 per 20 kg to Rs 950 from previous level of Rs 955.
Refined palmolein also edged down by Rs 2 per 10 kg to Rs 500 from Rs 502 last weekend.
Linseed oil closed unchanged at Rs 755 per 10 kg.