Business Standard

Industrial oils fall on low demand

Image

Press Trust of India Mumbai
Castorseeds bold and castor oil commercial fell further at the Vashi oils and oilseeds wholesale market here today following lower demand from soaps and shippers industries.

While refined palmolein recovered marginally owing to mild demand from retail buyers.

Meanwhile, groundnut oil and linseeds oil ruled steady in the absence of any worthwhile buying activity.

In the non-edible segment, castorseeds bold dropped by Rs 75 per 100 kg to Rs 4,265 from Thursday's closing level of Rs 4,340 and castor oil commercial declined by Rs 15 per 10 kg to Rs 883 as against Rs 898.

Linseeds oil ended unaltered at Rs 800 per 10 kg.
 

Moving to the edible section, refined palmolein regained by a Re per 10 kg to Rs 633 and groundnut oil closed unchanged at Rs 870 per 10 kg.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 09 2018 | 4:35 PM IST

Explore News