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Update at 1900 hrs (IST)


Commodities
Sharp fall in castorseeds futures

MUMBAI : Prices of castorseeds futures dropped sharply on the oils and oilseeds market on Tuesday on fresh stockists offerings.

Refined palmolein declined further on lack of buying interest from retailers. In the futures section, castorseeds June contract opened lower at Rs 2,650 and dropped further to Rs 2,602 as against Rs 2,659 yesterday, showing a sharp fall of Rs 57.

In the edible section, refined palmolein moved down further by Rs 4 to Rs 556 from Rs 560 while groundnut oil ruled steady at Rs 680.

Turning to the non-edible section, castorseeds bold, castoroil commercial and linseed oil closed unchanged at Rs 2,810, Rs 592 and Rs 700 respectively. - PTI

Prev: Govt plan to limit edible oil stock pulls down futures
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