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Industrial oil eases in mute trade

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Press Trust of India Mumbai
Castorseeds bold and castoroil commercial eased further in an otherwise mute Vashi oils and oilseeds wholesale market here today due to poor demand from shippers and soap industries.

Meanwhile, groundnutoil, refined palmolein and linseedoil all remained steady in the absence of any worthwhile buying activity.

In the non-edible segment, castorseeds bold declined by Rs 10 per 100 kg Rs 3,925 from Friday's closing level of Rs 3,935 and castoroil commercial edged down by Rs 2 per 10 kg to Rs 815 as against Rs 817 previously. Linseedoil closed unchnaged at Rs 735 per 10 kg.

Moving to edible segment, groundnutoil and refined palmolein ended unaltered at Rs 730 and Rs 552 per 10 kg, respectively.

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First Published: Jun 07 2014 | 3:24 PM IST

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