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Industrial oils gain on sustained demand

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

Meanwhile, groundnutoil, refined palmolein and linseed oil remained stable in the absence of any major buying activity.

The castorseeds futures rate were unavailable.

In the non-edible segement, castorseeds bold climbed by Rs 25 per 100kg to Rs 3,950 from Tuesday's closing level of Rs 3,925, castor oil commercial moved-up by Rs 5 per 10 kg to Rs 820 as against Rs 815 previously. Linseedoil closed unaltered at Rs 840 per 10kg.

In the edible segment, Groundnut oil and refined palmolein closed unchanged at Rs 740 and Rs 585 per 10kg, respectively.

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First Published: Feb 12 2014 | 4:46 PM IST

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