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Industrial oils ease on sluggish trade

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Press Trust of India Mumbai
Castorseed bold and castoroil commercial eased further in an otherwise sluggish Vashi oils and oilseeds wholesale market here today due to subdued demand from shippers and soap manufacturers.

Refined palmolein also edged down owing lower retail buying support.

Meanwhile, groundnut oil and linseed oils remained steady in the absence of any largescale buying activity.

The castorseeds futures rates are unavailable.

In the non-edible section, Castorseeds bold moved down by Rs 10 per 100kg to Rs 3,990 from Friday's closing level of Rs 4,000 and castoroil commercial slipped by Rs 2 per 10kg to Rs 828 from Rs 830. Linseed oil unaltered at Rs 835 per 10 kg.
 

Moving to edible segment, refined palmolein went down by Rs 2 per 10 kg to Rs 618 as against Rs 620 previously, while groundnut oil closed unchanged at Rs 770 per 10 kg.

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First Published: Mar 29 2014 | 3:00 PM IST

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