Industrial oils decline on lower demand

Both castorseeds bold and castor oil commercial declined in an otherwise lacklustre oils and oilseeds Vashi wholesale market here today on stockists selling amid lower demand from shippers and soap industries.
Linseed oil, groundnut oil and refined palmolein maintained a steady trend in the absence of any major buying activity.
The castorseeds futures rates were unavailable.
In non-edible section, castorseeds bold dipped by Rs 75 per 100kg to Rs 4,100 from Thursday's closing level of Rs 4,175 and castoroil commercial also slipped by Rs 15 per 10kg to Rs 850 as compared to Rs 865 yesterday. Linseedoil remained unaltered at at Rs 825 per 10kg.

Moving to edible segment, groundnutoil and refined palmolein closed unchanged at Rs 800 and Rs 575 per 10 kg, respectively.