Edible oils edge down in lacklustre trade

Mumbai : Groundnut oil and refined palmolein edged down in an otherwise lacklustre Vashi oils and oilseeds wholesale market here today following subdued demand from stockists and retailers.

Castorseeds bold, castoroil commercial and linseeds oil held stable in absence of any worthwhile buying activity.In the edible section, groundnut oil eased further by Rs 10 per 10kg to Rs 850 from Thursday's close of Rs 860 and refined palmolein also softened by Rs 3 per 10kg to Rs 615 as against Ra 618 yesterday.Moving the non-edible segment, castorseeds bold, castor oil commercial and linseed oil closed unchanged at Rs 4,500 per 100 kg, Rs 930 per 10 kg and Rs 750 per 10 kg, respectively.