Castorseed bold and castoroil commercial prices continued its rising trend at the oils and oilseeds market due to sustained enquiries from shippers and soap manufacturers. Castorseed futures firmed up on renewed export orders.
Refined palmolein also moved up owing to fresh buying support coupled with higher Malaysian advices. Groundnut oil and linseed oil both ruled steady in the absence of market moving factors.
In the non-edible segment, castorseed bold improved further by Rs 15 per 100 kg to Rs 3,365 from yesterday's closing level of Rs 3,350 and castoroil commercial moved up by Rs 3 per 10 kg to Rs 703, as against Rs 700 previously.
Linseed oil ruled steady at Rs 500 per 10 kg.
Turning to the futures section, castorseed's August contract resumed higher at Rs 3,338 and hardened further to Rs 3,360 before closing at Rs 3,358 as against Rs 3,328, showing a gain of Rs 30 per tonne.
Moving to the edible section, refined palmolein recovered by Rs 3 per 10 kg to Rs 403 from Rs 400, while groundnut oil closed unchanged at Rs 735.
