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Industrial oils rebound on fresh demand

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Press Trust of India Mumbai
Prices of castorseeds bold and castoroil commercial rebounded at the Vashi oils and oilseeds wholesale market here today on fresh demand from shippers and soap manufacturers.

Meanwhile, groundnutoil, 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 15 per 100 kg to Rs 3,990 from Monday's closing level of Rs 3,975 and castoroil commercial moved up by Rs 3 per 10 kg to Rs 828 as compared Rs 825 yesterday.

However, linseedoil closed unchanged at Rs 775 per 10 kg.

Moving to edible section, Groundnut oil and refined palmolein prices closed unaltered at Rs 760 and Rs 610 per 10 kg, respectively.

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First Published: Apr 29 2014 | 4:00 PM IST

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