Business Standard

Industrial oils gain on rising demand

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Press Trust of India Mumbai
Castorseeds bold and castoroil commercial gained further at the Vashi oils and oilseeds wholesale market here today following rising demand from soap and shippers industries.

Elsewhere, refined palmolein also edged-up owing to good demand from retailers.

While, groundnut oil and linseed oil ruled stable in absence of any worthwhile buying activity.

In the non-edible segment, castorseeds bold rose by Rs 15 per 100kg to Rs 4,265 from last Saturday's close Rs 4,250 and castoroil commercial moved up by Rs 3 per 10kg to Rs 883 as against Rs 880.

Linseedoil ended unaltered at Rs 800 per 10kg.

Moving to edible section, refined palmolein edged up by Rs 2 per 10kg to Rs 630 as compared Rs 632, However, groundnut oil closed unchanged at Rs 925 per 10 kg.

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First Published: Jan 29 2018 | 4:15 PM IST

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