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Castorseed futures decline, bold edges up

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Press Trust of India Mumbai

Castorseed futures declined in an otherwise mixed oils and oilseeds market here today on poor export enquries.

However, Castorseed bold and castoroil commercial edged up on better demand from soap and industrial units.

Meanwhile, groundnutoil, refined palmolein and linseedoil remained steady in the absence of market moving factors.

In the futures section, castorseed's June contract resumed higher at Rs 3,149 but later moved downwards to Rs 3,122 before settling at Rs 3,128 from Rs 3,141 previously, showing a loss of Rs 13.

In the non-edible oil section, Castorseed bold and castoroil commercial moved up by Rs 5 and a rupee to Rs 3,245 and Rs 679, respectively.

Linseedoil continued to maintain its level of Rs 505.

In the edible oil segment, groundnut oil and refined palmolein held steady at Rs 700 and Rs 405, respectively.

 

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First Published: May 24 2010 | 6:55 PM IST

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