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Industrial oil slipped on lower demand

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Press Trust of India Mumbai
Castorseeds bold and castor oil commercial prices slipped in an otherwise listless Vashi oils and oilseeds wholesale market here today due to lower demand from shippers and soap industries.

Meanwhile, groundnut oil, refined palmolein and Linseed oil maintained a stable trend in the absence of any major buying activity.

In non-edible segment, castorseeds bold fell by Rs 25 per 100 kg to Rs 3,650 from Wednesday's closing level of Rs 3,675 and castoroil commercial moved down by Rs 5 per 10 kg to Rs 760 from Rs 765.

Linseed oil remained unchanged at Rs 755 per 10kg.

Moving to edible segment, groundnut oil and refined palmolein closed unaltered at Rs 980 and Rs 488 per 10 kg, respectively.

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First Published: Apr 16 2015 | 4:02 PM IST

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