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Industrial oils weaken on sluggish demand

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Press Trust of India Mumbai
Last Updated : Sep 30 2016 | 4:07 PM IST
Castorseeds bold and castoroil commercial weakened at the Vashi oils and oilseeds wholesale market here today following sluggish demand from soap and shippers industries.
While, refined palmolein eased further due to subdued demand from retailers.
Meanwhile, groundnut oil and linseed oil maintained a stable trend in the absence of any worthwhile buying activity.
In the non-edible segment, castorseeds bold dropped by Rs 3,765 per 100 kg and castoroil commercial moved down by Rs 7 per 10 kg to Rs 783 as against Rs 790 yesterday.
Moving to edible section, groundnut oil closed unchanged at Rs 1,190 per 10 kg and refined palmolein edged down by Rs 2 per 10 kg to Rs 590 as compared Rs 592 yesterday.
Linseed oil remained unaltered at Rs 1,050 per 10 kg.

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First Published: Sep 30 2016 | 4:07 PM IST

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