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Industrial oils climb on firm demand

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Press Trust of India Mumbai
Castorseed bold and castoroil commercial climbed at the Vashi oils and oilseeds wholesale market on firm demand from shippers and soap industries

Meanwhile, groundnut oil eased further owing to subdued offtake from stockists and retailers.

Refined palmolein and linseed oil ruled stable in the absence of any major buying activity.

In the non-edible segment, Castorseeds bold surged by Rs 50 per 100 kg to Rs 3,650 from friday's closing level of Rs 3,600 and castor oil commercial moved up by Rs 10 per 10 kg to Rs 760 from Rs 750. Linseed oil closed unaltered at Rs 775 per 10 kg.
 

Moving to edible segment, groundnutoil slid by Rs 5 per 10 kg to Rs 920 from overnight closing level of Rs 925. However, refined palmolein closed unchanged at Rs 508 per 10 kg.

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First Published: Feb 28 2015 | 3:22 PM IST

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