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Industrial oils weaken on lower demand

Castor seeds bold and castor oil commercial weakened at the Vashi oils and oilseeds wholesale market here today on lower demand from soaps and shippers industries.


PTI Last Updated at 06 Aug 2018, 16:08 IST India
Industrial oils weaken on lower demand

Castor seeds bold and castor oil commercial weakened at the Vashi oils and oilseeds wholesale market here today on lower demand from soaps and shippers industries.

Elsewhere, refined palmolein eased further owing to reduced demand from retailers.

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

In the non-edibles segment, castor seeds bold dropped by Rs 30 to Rs 4,520 per 100 kg from last Saturday's closing level of Rs 4,550 and castor oil commercial moved down by Rs 6 to Rs 934 per 10 kg as against Rs 940.

Linseed oil ended unaltered to Rs 940 per 10 kg.

Moving to edibles segment, refined palmolein softened by a rupee to Rs 664 per 10 kg and groundnut oils closed unchanged at Rs 920 per 10 kg.

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


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