Industrial oils continue to fall on weak demand

Press Trust of India  |  Mumbai 

Castorseeds bold and castor commercial continued their downtrend at the oils and oilseeds wholesale market here today on weak demand from soaps and shippers industries amid ample stocks from producing belt.

Refined palmolein also softened owing to poor offtake from


While groundnut and linseed ruled steady in the absence of any large-scale buying.

In the non-edible segment, castorseeds bold slid by Rs 15 per 100 kg to Rs 4,335 from last Saturday's close at Rs 4,350 and castor commercial edged down by Rs 3 per 10 kg to Rs 897 as against Rs 900 previously.

Linseeds ended unaltered at Rs 800 per 10 kg.

Moving to edible segment, refined palmolein inched down to Rs 627 and groundnut closed unchanged at Rs 950 per 10 kg.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, January 08 2018. 16:45 IST