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Industrial oils recovers on fresh demand

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Press Trust of India Mumbai
Both castorseeds bold and castor oil commercial recovered in an otherwise mute oils and oilseeds Vashi wholesale market here today due to renewed demand from shippers and soap industries.

Meanwhile, groundnutoil, refined palmoil and linseed oil maintained stable trend in the absence of any worthwhile buying activity.

The castorseeds futures rates were unavailable.

In non-edible section, castorseeds bold climbed by Rs 50 per 100kg to Rs 3,975 from last Saturday's closing level of Rs 3,925 and castoroil commercial moved up by Rs 10 per 10kg to Rs 825 as against Rs 815 previously. Linseed oil closed unchanged at Rs 825 per 10kg.
 

Moving to edible segment, groundnut oil and refined palmolein both closed unaltered at Rs 810 and Rs 570 per 10 kgs, respectively.

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First Published: Dec 30 2013 | 6:27 PM IST

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