The Hindu Business Line : Castorseed futures gain further

Groundnut oil and palmolein moved in the opposite direction on the local edible oils market on Tuesday on limited buying interest supported by stray offerings. Castor oil ruled steady. Castor seed futures gained further ground on continued support.

Groundnut oil raw was down Rs 2 at Rs 438 per 10 kg. RBD palmolein was up Re 1 at Rs 379 per 10 kg.

Imported crude soya oil was steady at Rs 353 per 10 kg. Refined soya oil was also steady at Rs 369 per 10 kg.

Castor oil commercial grade was steady at Rs 321 per 10 kg. In futures segment, castor seed April contracts ended Rs 15 higher at Rs 1,578 per quintal over previous close.

SPOT SUGAR STEADY

Sugar spot prices ruled steady at the Vashi wholesale market on Tuesday on stray buying interest.

Small grade (S-30) was steady at Rs 1,830-1,870 per quintal. Medium grade (M-30) was steady at Rs 1,860-1,920 per quintal.

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