Industrial oils eases on subdued demand

Castorseeds bold and castor oil commercial eased in an otherwise sluggish Vashi oils and oilseeds wholesale market here today on subdued demand from shippers and soap industries.
Refined palmolein also edged down on lower retail offtake.
Groundnut oil and linseed oil held steady in the absence of any major buying activity.
In the non-edible segment, castorseeds bold moved down by by Rs 25 per 100 kg to Rs 3,625 from Tuesday's closing level of Rs 3,650 and castor oil commercial slipped by Rs 5 per 10 kg to Rs 755 from Rs 760.
Linseed oil closed unchanged at Rs 760 per 10 kg.

Moving to edible section, refined palmolein softened by a Re per 10 kg to Rs 486.
However, groundnut oil ended unaltered at Rs 950 per 10 kg.