Industrial oils recover on fresh demand

Castorseeds bold and castoroil commercial recovered modestly at the Vashi oils and oilseeds wholesale market here today following fresh demand from soaps and shippers industries.

While, refined palmolein eased owing to subdued demand from retail buyers.

Meanwhile, groundnut oil and linseeds oil ruled steady in absence of any necessary buying activities.

In the non-edible section, castorseeds bold rose by Rs 25 per 100kg to Rs 4,785 from Friday's close Rs 4,760 and castoroil commercial moved up by Rs 5 per 10kg to Rs 987 as against Rs 982 yesterday.

Linseeds oil ended unaltered to Rs 760 per 10kg.

Moving to edible segment, refined palmolein softened by a Re per 10kg to Rs 587 and groundnut oil closed unchanged at Rs 790 per 10kg respectively.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)