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Industrial oils extend slide on muted demand

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Press Trust of India Mumbai
Castorseeds bold and castoroil commercial oil extended their fall at the oilseed wholesale market here today due to subdued demand from shippers in soap industries.

Refined palmolein gained on mild offtake from retailers.

Groundnut oil and linseed oil ruled steady in absence of any worthwhile buying activity.

In non-edible section, castorseed bold dipped Rs 25 per 100 kg to Rs 3,690 from Friday's level of Rs 3,715 and castoroil commercial moved down Rs 5 per 10 kg to Rs 768 from Rs 773. Linseed oil ruled unchanged at Rs 870 per 10 kg.

Moving to edible section, refined palmolein inched up to Rs 458 per 10 kg while groundnutoil closed unchanged at Rs 975 per 10 kg.

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First Published: Jan 02 2016 | 3:22 PM IST

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