Industrial oils weaken on lower demand

Castorseeds bold and castoroil commercial prices weakened further at the Vashi oils and oilseeds wholesale market here today following lower demand from soap and shippers industries.
While, refined palmolein gained further due to rising demand from retail buyers.
Meanwhile, groundnut oil and linseeds oil ruled stable in the absence of any large-scale buying activities.
In non-edible oils segment, castorseeds bold dipped by Rs 50 per 100kg to Rs 4,600 from Monday's close Rs 4,650 and castoroil commercial slid by Rs 10 per 10 kg to Rs 950 as against Rs 960 yesterday.
Linseed oil ended unaltered at Rs 750 per 10 kg.

Moving to edible section, refined palmolein edged up by Rs 2 per 10 kg to Rs 598 as compared Rs 596 yesterday and groundnut oil closed unchanged at Rs 910 per 10 kg, respectively.