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Linseed oil gains on renewed demand

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Press Trust of India Mumbai
Last Updated : Jan 16 2014 | 4:37 PM IST
Linseed oil gained in an otherwise mute Vashi oils and oilseeds wholesale market here today due renewed demand from paints and allied industries.
Refined palmolein edged-up on fresh buying support amidst higher Malaysian cues.
Meanwhile, groundnut oil, castorseeds bold, and castor oil commercial ruled stable in the absence of any large-scale buying activity.
The castorseeds futures rates were unavailable today.
In the non-edible section, Linseedoil climbed by Rs 5 per 10kg to Rs 835 from Wednesday's closing level of Rs 830. However, castorseeds bold and castoroil commercial closed unaltered at Rs 4,100 per 100kg and Rs 850 per 10kgs, respectively.
Moving to edible segment, refined palmolein inched-up by a Re per 10kg to Rs 568 and Groundnutoil closed unchanged at Rs 800 per 10kg.

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First Published: Jan 16 2014 | 4:37 PM IST

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