Refined palmolein prices declined at the oils and oilseeds market here today due to reduced demand from stockists and traders at existing higher levels.
Groundnut oil, on the other hand closed steady in the absence of necessary buying support.
Meanwhile, castorseeds bold and castoroil commercial edged higher owing to good off-take from industrial users. Castorseed futures slipped owing to weak export enquiries.
Linseed oil maintained a stable trend on lack of market moving factors.
In the edible section, refined palmolein fell by Rs 6 per ten kg to Rs 494 from yesterday's closing level of Rs 500, while groundnut oil held steady at Rs 870 per ten kg.
Turning to the non-edible section, castorseeds bold moved up by Rs 5 per 100 kg to Rs 3,725 from Rs 3,720 and castoroil commercial inched up to Rs 775, as against Rs 774 per ten kg previously.
Linseed oil closed unchanged at Rs 570 per ten kg.
Moving to futures section, castorseed's October contract resumed higher at Rs 3,725 and traded in a range of Rs 3,734 and Rs 3,690 before closing at Rs 3,698, as against Rs 3,720 previously, showing a loss of Rs 22 per tonne.
