Industrial Oils Slip on Subdued Demand

Mumbai, Apr 7 (PTI) Castorseeds bold and castor oil commercial slipped at the Vashi oils and oilseeds wholesale market here today following subdued demand from soaps and shippers industries.

Linseeds oil eased further owing to lower offtake from paint and allied industries.

In the edible segment, groundnut oil and refined palmolein prices ruled steady in the absence of any large-scale buying activity.

Moving to the non-edible section, castorseeds bold fell by Rs 15 per 100 kg to Rs 4,150 from Friday's closing level of Rs 4,165, castoroil commercial moved down by Rs 3 per 10 kg to Rs 860 against Rs 863 and linseeds oil went down by Rs 2 per 10kg to Rs 793 compared to Rs 795 yesterday.

In the edible oil segment, groundnut oil and refined palmolein closed unchanged at Rs 850 and Rs 732 per 10kg, respectively.

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