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Industrial oils weaken in lacklustre trade

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Press Trust of India Mumbai
Last Updated : May 31 2017 | 4:57 PM IST
Castorseeds bold and castor oil commercial weakened further in an otherwise lacklustre Vashi oils and oilseeds wholesale market here today on reduced demand from soaps and shippers industries.
While, groundnut oil, refined palmolein and linseeds oil held stable in absence of any worthwhile buying activity.
In the non-edibles segment, castorseeds bold dropped by Rs 50 per 100kg to Rs 4,600 from Tuesday's close at Rs 4,650 and castor oil commercial edged down by Rs 10 per 10 kg to Rs 950 as against Rs 960 yesterday.
Linseeds oil ended unaltered at Rs 780 per 10 kg.
Moving to edible section, groundnut oil and refined palmolein closed unchanged at Rs 960 per 10 kg and Rs 550 per 10 kg respectively.

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First Published: May 31 2017 | 4:57 PM IST

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