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Industrial oils surge on sustained demand

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Press Trust of India Mumbai
Last Updated : Jul 25 2016 | 4:07 PM IST
Castorseeds bold and castoroil commercial surges further at the Vashi oils and oilseeds market here today due to sustained demand from shippers and soap industries.
While, linseed oil maintained a stable trend in the absence of any largescale buying activity.
In the edible section, groundnut oil dropped further due to reduced demand from stockist and retailers.
Refined palmolein moved down owing to subdued offtake from retailers.
In the non-edible segment, castorseeds bold shot-up by Rs 85 per 100kg to Rs 3,675 from last Saturday's closing level of Rs 3,590, castoroil commercial rose by Rs 17 per 10kg to Rs 765 from Rs 748 and Linseed oil closed unchanged at Rs 1,150 per 10kg.
Moving to edible section, groundnut oil dipped by Rs 20 per 10kg to Rs 1,350 as against Rs 1,370 and refined palmolein eased by Rs 2 per 10kg to Rs 538 as compared to Rs 540 previously.

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First Published: Jul 25 2016 | 4:07 PM IST

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