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Industrial oils slip on subdued demand

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Press Trust of India Mumbai
Castorseeds bold and castoroil commercial slipped at the Vashi oils and oilseeds wholesale market here today following subdued demand from soap and shipper industries.

Elsewhere, refined palmolein also marginally down due to mild demand from retailers.

While, groundnut oil and linseed oil held stable in absence of any large-scale buying activity.

In the non-edible segment, castorseeds bold declined by Rs 15 per 100 kg to Rs 3,770 from Thursday's close Rs 3,785 and castoroil commercial edged down by Rs 3 per 10 kg to Rs 784 as compared Rs 787 yesterday.

Linseed oil ended unaltered at Rs 1,050 per 10 kg.
 

Moving to edible section, refined palmolein softened by a Re per 10 kg to Rs 562 and groundnut oil closed unchanged Rs 925 per 10 kg.

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First Published: Nov 04 2016 | 4:07 PM IST

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