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Linseedoil trades weak in mute trade

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Press Trust of India Mumbai
Linseed oil maintained its down-trend in an otherwise mute Vashi oils and oilseeds wholesale market today on poor demand from paint and allied industries.

Meanwhile, groundnutoil, refined palmolein, castorseeds bold and castoroil commercial ruled stable in the absence of any major buying.

In Non-edible section, linseed oil declined by Rs 5 per 10 kg to Rs 745 from Tuesday's closing level of Rs 750.

Castorseeds bold and castoroil commercial closed unchanged at Rs 3,925 per 100 kg and Rs 815 per 10 kg.

Moving to edible segment, both groundnut oil and refined palmolein also ended unaltered at Rs 750 and Rs 572 per 10 kg respectively.

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First Published: May 28 2014 | 4:39 PM IST

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