Industrial oils decline on low demand

Castorseed oil and castoroil commercial declined further in an otherwise lacklustre Vashi oils and oilseeds wholesale market following lower demand from shippers and soap industries.
Meanwhile, groundnut oil, refined palmolein and linseed oil all ruled stable in the absence of any major buying activity.
In the non-edible section, castorseeds bold fell by Rs 15 per 100 kg to Rs 5,000 from last Saturday's closing level of Rs 5,015 and castoroil commercial eased by Rs 3 per 10 kg to Rs 1,030 as against Rs 1,033 yesterday.
Linseedoil closed unchanged at Rs 850 per 10 kg.
Moving to the edible segment, groundnut oil and refined palmolein ended unaltered at Rs 1,060 and Rs 560 per 10 kg, respectively.