Business Standard

Industrial oils slips 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 shippers industries.

While, refined palmolein eased further due to lower offtake from retailers.

Groundnut oil and linseed oil ruled stable in absence of any worthwhile buying activity.

Moving to non-edible segment, castorseeds bold fell by Rs 25 per 100 kg to Rs 3,975 from Thursday's closing level of Rs 4,000 and castoroil commercial moved down by Rs 5 per 10kg to Rs 825 as compared Rs 830 yesterday.

Linseedoil ended unaltered at Rs 875 per 10 kg.

Moving to edible section, refined palmolein edged-down by a Re per 10kg to Rs 626 as against Rs 627 previously.
 

However, groundnut oil closed unchanged at Rs 990 per 10 kg.

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First Published: Feb 10 2017 | 4:22 PM IST

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