Industrial oils continue to fall on weak demand

Castorseeds bold and castor oil commercial continued their downtrend at the Vashi oils and oilseeds wholesale market here today on weak demand from soaps and shippers industries amid ample stocks from producing belt.
Refined palmolein also softened owing to poor offtake from retail buyers.
While groundnut oil and linseed oil ruled steady in the absence of any large-scale buying.
In the non-edible segment, castorseeds bold slid by Rs 15 per 100 kg to Rs 4,335 from last Saturday's close at Rs 4,350 and castor oil commercial edged down by Rs 3 per 10 kg to Rs 897 as against Rs 900 previously.

Linseeds oil ended unaltered at Rs 800 per 10 kg.
Moving to edible segment, refined palmolein inched down to Rs 627 and groundnut oil closed unchanged at Rs 950 per 10 kg.