Comments
Castorseed prices moved up on good export demand and tight supply from producing belt. Traders said that widening of positions by speculators, driven by firming trend at the spot markets, influenced castorseed prices at futures trade. Moreover, pick-up in export demand too supported the upside in prices. On the Rajkot Commodity Exchange (RCX) castor September futures was up ₹11 to ₹4,146 a quintal. RCX spot remained unchanged at ₹3,975. About 38,000-40,000 bags arrived in Gujarat and prices gained ₹5 to ₹795-805 per 20 kg. Around 1,000-1,100 bags arrived in Saurashtra and went for ₹765-775. Castor oil was at ₹815/10 kg.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.