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Industrial oils weaken on subdued demand

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Press Trust of India Mumbai
Last Updated : Dec 28 2013 | 3:25 PM IST
Both castorseeds bold and castoroil commercial weakend further in an otherwise dull oils and oilseeds Vashi wholesale market here today due to poor demand from shippers and soap industries.
Meanwhile, groundnutoil, refined palmoil and linseedoil held steady in the absence of any large scale buying activity.
The castorseeds futures rates were unavailable.
In non-edible section, castorseeds bold declined by Rs 50 per 100 kg to Rs 3,925 from Friday's closing level of Rs 3,975 and castoroil commercial eased by Rs 10 per 10 kg to Rs 815 from Rs 825 previously. Linseedoil were unaltered at Rs 825 per 10 kg.
Moving to edible segment, groundnutoil and refined palmolein both closed unchanged at Rs 810 and Rs 570 per 10 kgs, respectively.

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First Published: Dec 28 2013 | 3:25 PM IST

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