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Castorseed Futures decline on weak export demand

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Press Trust of India Mumbai

Castorseed futures declined at the oils and oilseeds market here today due to subdued demand from exporters.

Meanwhile, groundnutoil, refined palmolein, castorseeds bold, castoroil commercial and linseed oil closed at their overnight levels in the absence of necessary buying support.

In the futures segment, castorseed June contract resumed higher at Rs 3,167 and drifted further to close at Rs 3,136 from overnight closing level of Rs 3,160, showing a fall of Rs 24.

Groundnut oil, refined palmolein, castorseeds bold, castoroil commercial and linseed oil closed unaltered at Rs 670, Rs 398, Rs 3,235, Rs 677 and Rs 520, respectively.

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First Published: May 12 2010 | 5:58 PM IST

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