Acid oil: likely to stabilize - 16 May, 2016

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Acid oil was seen at the previous level of Rs 3850 / 3900 per quintal owing to thin arrivals amidst limited demand from soap - makers. It price was quoted at Rs 3600 / 3650 in MP. Seeing the uptrend in raw material, acid oil is likely to stabilize in the coming days.

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