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Linseed oil hardened on persistent demand

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Press Trust of India Mumbai
Last Updated : May 09 2016 | 4:13 PM IST
Linseed oil prices continued its uptrend at the Vashi oils and oilseeds wholesale market on persistent demand from paint and allied industries and good export offtake.
While, Castorseed bold and castoroil commercial moved down further owing to subdued demand from shippers and soap industries.
In the edible segment, refined palmolein recovered due to renewed retail buying. While groundnut oil declined following lower demand from stockists and retailers.
In the non-edible section, linseed oil climbed by Rs 50 per 10 kg to Rs 1,280 from last Saturday's close of Rs 1,230.
However, castorseeds bold went down by Rs 10 per 100 kg to Rs 3,300 from last weekend close of Rs 3,310 and castoroil commercial edged down by Rs 2 per 10 kg to Rs 690 as compared to Rs 692.
Moving to the edible segment, refined palmolein rose by Rs 5 per 10 kg to Rs 593 as against Rs 588 previously, While Groundnut oil fell by Rs 10 per 10 kg to Rs 1,200 as compared to Rs 1,210 last weekend.

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First Published: May 09 2016 | 4:13 PM IST

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