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Castorseed prices moved up on the back of fresh demand from crushers at the lower level. Moreover, good export demand of castor oil also pushed the price. Traders said that because of arrival pressure and less demand the price of the seed had gone down during last one week and now at this level fresh demand has increased the market on Wednesday. About 80,000 bags (of 75 kg) arrived in Gujarat and prices went up by ₹4 to ₹602-612 per 20 kg. At Saurashtra, about 4,100 bags arrived and prices gained by ₹2 to ₹598-608. Castor oil traded up by ₹5 to ₹620/10 kg. On the Rajkot Commodity Exchange (RCX) castor June contract was up ₹48 to ₹3,258 a quintal. RCX spot traded up by ₹5 to ₹3,075 per quintal.
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