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Industrial oils rise on good demand

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Press Trust of India Mumbai
Last Updated : Feb 22 2014 | 3:21 PM IST
Castorseeds bold and castoroil commercial rose at the oils and oilseeds wholesale market here today on good demand from shippers and soap industries.
Refined palmolein also edged up owing to a modest retail buying amid higher Malaysian cues.
Meanwhile, groundntoil and linseedoil maintained a steady trend in absence of any major buying activity.
The castorseeds futures rates were unavailable.
In non-edible section, castorseeds bold climbed by Rs 50 per 100 kg to Rs 3,975 from Friday's close of Rs 3,925 and castoroil commercial moved up by Rs 10 per 10 kg to Rs 825 from Rs 815 previously. Linseedoil closed unchanged at Rs 835 per 10 kg.
Moving to edible segment, refined palmolein gained Rs 3 per 10 kg to Rs 608 from overnight close of Rs 605, however, groundnutoil ended unaltered at Rs 750 per 10 kg.

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First Published: Feb 22 2014 | 3:21 PM IST

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