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Castorseed prices rise on fresh demand

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PressTrust of India Mumbai
Last Updated : Jan 21 2013 | 3:13 AM IST

Castorseed bold and castoroil commercial prices recovered moderately in a fairly active trading at the oils and oilseeds market here today on fresh demand from soap manufacturing units. Castorseeds futures also edged up on better export enquiries.

Refined palmolein moved up on good buying support. Meanwhile, groundnut oil and linseeds oil maintained a steady trend on lack of worthwhile buying.

In the non-edible section, castorseed bold rose by Rs 15 to Rs 3,290 from yesterday's closing level of Rs 3,275 and castoroil commercial also moved up by Rs 3 to Rs 688 from Rs 685 previously.

In the futures section, castorseed's August contract resumed lower at Rs 3,272 per quintal and moved in a range of Rs 3,287 and Rs 3,270 before finishing at Rs 3,278 from previous closing level of Rs 3,277, showing a mere gain of a rupee.

In the edible section, refined palmolein gained Rs 2 to end at Rs 409 from Rs 407. Groundnutoil and linseedoil ruled steady at Rs 705 and Rs 510.

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First Published: Jun 08 2010 | 5:51 PM IST

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