Industrial oils recovers on lacklustre trade

Castorseed bold and castoroil commercial recovered marginally in an otherwise lacklustre Vashi oils and oilseeds wholesale market here today on good demand from shippers and soap manufacturers.
While, linseed oil fell owing to reduced offtake from paint and allied industries.
Meanwhile, groundnut oil and refined palmolein maintained a stable trened in the absence of any largescale buying activity.
The castorseeds futures rates are unavailable.
In the non-edible section, Castorseeds bold moved-up by Rs 10 per 100kg to Rs 4,000 from last Saturday's closing level of Rs 3,990 and castoroil commercial edged-up by Rs 2 per 10kg to Rs 830 from Rs 828. However, linseed oil dropped by Rs 10 per 10kg to Rs 825 as compared to Rs 835 previously.

Moving to edible segment, groundnutoil and refined palmolein closed unchanged at Rs 770 and Rs 618 per 10kg, respectively.