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Industrial oils rebound in listless trade

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Press Trust of India Mumbai
Castorseeds bold and castoroil commercial rebounded smartly in an otherwise listless Vashi oils and oilseeds wholesale market here today due to renewed demand from shippers and soap manufacturing units.

While groundnut oil, refined palmolein and linseed oil ruled stable in the absence of any worthwhile buying.

In the non-edible segment, castorseeds bold jumped by Rs 85 per 100 kg to Rs 4,295 from Tuesday's closing level of Rs 4,210 and castoroil commercial rose by Rs 17 per 10 kg to Rs 889 as against Rs 872 previously.

Linseedoil closed unchanged at Rs 850 per 10 kg.

Moving to edible-section, groundnut oil and refined palmolein closed unaltered at Rs 990 and Rs 580 per 10 kg, respectively.

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First Published: Mar 09 2017 | 4:02 PM IST

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