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Industrial oils weaken in listless trade

PTI | Mumbai |

Castorseeds bold and castoroil commercial weakened further in an otherwise listless Vashi oils and oilseeds wholesale market here today following reduced demand from soaps and shippers industries.

While, groundnut oil, refined palmolein and linseeds oil ruled steady in absence of any worthwhile buying activity.

In the non-edible segment, castorseeds bold fell by Rs 20 per 100 kg to Rs 4,715 from Friday’s close Rs 4,735 and castoroil commercial edged down by Rs 4 per 10 kg to Rs 973 as against Rs 977 yesterday.

Linseeds oil ended unaltered to Rs 750 per 10kg.

Moving to edibles section, groundnut oil and refined palmolein closed unchanged at Rs 870 per 10kg and Rs 595 per 10 kg respectively.