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Industrial oils firm up on sustained demand

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Press Trust of India Mumbai
Castorseeds bold and castor oil commercial firmed up further in an otherwise lacklustre Vashi oils and oilseeds wholesale market here today on sustained demand from shippers and soap industries.

Meanwhile, groundnut oil, refined palmolein and linseed oil held steady in the absence of any large-scale buying activity.

In the non-edible section, castorseeds bold climbed by Rs 25 per 100 kg to Rs 4,150 from last Saturday's closing level of Rs 4,125 and castor oil commercial gained Rs 5 per 10 kg to Rs 860 as compared to Rs 855 previously.

Linseed oil closed unchanged at Rs 765 per 10 kg.
 

Moving to edible segment, groundnut oil and refined palmolein closed unaltered at Rs 790 and Rs 508 per 10 kg, respectively.

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First Published: Sep 29 2014 | 4:15 PM IST

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