Refined palmolein decline on sluggish demand

Refined palmolein declined in an other wise mute Vashi oils and oilseeds wholesale market on lower demand from retailers amid adequate supply positions.
While, castorseeds bold and castoroil commercial edged down due to reduced offtake from shippers and soap industries.
Meanwhile, groundnutoil and linseedoil remained stable in the absence of any largescale buying activity.
In the edible section, refined palmolein fell by Rs 4 per 10 kg to Rs 505 from Thursday's closing level of Rs 509. Groundnutoil closed unchanged at Rs 940 per 10 kg.
Moving to non-edible segment, Castorseeds bold eased by Rs 5 per 100 kg to Rs 3,645 from overnight close of Rs 3,650 and castoroil commercial inched down by a Re per 10kg to Rs 759.

Linseedoil ended unaltered at Rs 775 per 10kg.