Linseed Oil Slips in Lacklustre Trade

Linseeds oil slipped in an otherwise lacklustre Vashi oils and oilseeds wholesale market here today following reduced demand from paint and allied industries.

Mumbai, Sep 8 (PTI) Linseeds oil slipped in an otherwise lacklustre Vashi oils and oilseeds wholesale market here today following reduced demand from paint and allied industries.

Elsewhere, refined palmolein also eased owing to sluggish demand from retailers.

While, groundnut oil, castorseeds bold and castoroil commercial ruled steady in absence of any large-scale buying activity.

In the non-edibles segment, linseeds oil fell by Rs 18 per 10kg to Rs 940 from Friday's closing level of Rs 958.

Castorseeds bold and castoroil commercial closed unchanged at Rs 4,620 per 100kg and Rs 954 per 10kg respectively.

Moving to edibles section, refined palmolein softened by Rs 2 per 10kg to Rs 680 as against Rs 682 and groundnut oil ended unlatered at Rs 895 per 10kg.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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