Refined palmolein dips on lower demand

Refined palmolein prices dipped further at the Vashi oils and oilseeds wholesale market here today following lower demand from retailers.
Elsewhere, castorseeds bold and castoroil commercial slipped owing to subdued demand from shippers and soap industries.
While, groundnut oil and linseedoil ruled steady in the absence of any large scale buying.
In the edible segment, refined palmolein edged down by Rs 5 per 10 kg to Rs 523 from Thursday's close Rs 528 and groundnut oil closed unchanged at Rs 940 per 10 kg.
Moving to non-edible segment, castorseeds bold eased by Rs 25 per 100 kg to Rs 4,625 from yesterday's close Rs 4,650

and castoroil commercial moved down by Rs 5 per 10kg to Rs 955 as against Rs 960.
Linseed oil ended unaltered at Rs 770 per 10kg.