Non-edible oil prices advance on sustained demand

Castor seeds bold and castor oil commercial prices gained at the Vashi oil and oilseed wholesale market today on good demand from shippers and soap industries.

Linseed oil rose further due to rising off-take from allied and paint industries on the back of upcoming festive seasons.

Groundnut oil and refined palmolein prices ruled stable in the absence of any worthwhile buying activity.

In the non-edible section, castorseeds bold climbed Rs 25 per 100 kg to Rs 4,150 from last Saturday's closing level of Rs 4,125, castor oil commercial moved up by Rs 5 per 10 kg to Rs 860 from Rs 855 and linseed oil rose by Rs 5 per 10 kg to Rs 850 as against Rs 845 previously.
 
Moving to the edible section, groundnut oil and refined palmolein closed unchanged at Rs 860 and Rs 478 per 10 kg each, respectively.