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Castorseed bold rises on good demand

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 12:52 AM IST

Castorseeds bold and its oil rose moderately at the oils and oilseeds market here today due to renewed demand from shippers and soap manufacturing units.

Castorseed futures also inched up further on better export enquiries.

Refined palmolein continued to move up on sustained buying support on the back of better malaysian advices.

While, Groundnut oil and linseed oil ruled steady on lower stockists offtake.

In the edible oil segment, refined palmolein edged up by another Rs 2 to Rs 409 from yesterday's closing level of Rs 407, on the other hand groundnut oil remained unaltered at Rs 700.

Turning to non-edible oil section, castorseeds bold rose by Rs 10 to Rs 3,255 from Rs 3,245 and castoroil commercial also looked up by Rs 2 to Rs 681 as against Rs 679 yesterday.

Moving to futures section, castorseeds June contract resumed higher at Rs 3,137, and moved in a range of Rs 3,150 and Rs 3,130 before ending at Rs 3,133 as against Rs 3,131 previously, showing a further gain of Rs 2.

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First Published: May 26 2010 | 5:58 PM IST

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