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Industrial oils surge in listless trade

Castorseeds bold and castoroil commercial surged further in an otherwise listless Vashi oils and oilseeds wholesale market here today due…

Industrial oils surge in listless trade

(Getty Images)

Castorseeds bold and castoroil commercial surged further in an otherwise listless Vashi oils and oilseeds wholesale market here today due to consistent demand from shippers and soap manufacturing units.

While groundnut oil, refined palmolein and linseed oil ruled stable in the absence of any worthwhile buying.

In the non-edible segment, castorseeds bold jumped by Rs 55 per 100 kg to Rs 4,165 from Friday's closing level of Rs 4,110 and castoroil commercial rose by Rs 11 per 10 kg to Rs 863 as against Rs 852 previously.

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Linseedoil closed unchanged at Rs 850 per 10 kg.

Moving to edible-section, groundnut oil and refined palmolein closed unaltered at Rs 980 and Rs 580 per 10 kg, respectively.

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