Thursday, 28 November 2013

Industrial oils slip on reduced offtake

Mumbai, Nov 28 (PTI) Castorseeds bold and castor oil commercial slipped in an otherwise lacklustre oils and oilseeds wholesale market here today due to reduced offtake from shippers and soap manufacturers.

While, Groundnut oil, refined palmolein and linseed oil ruled stable in the absence of any large-scale buying activity.

In the futures market, castorseeds for December climbed further on heavy speculative demand following higher export inquiries.
Courtesy:PTI

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