Castorseed futures firm up on better demand

Castorseed futures prices firmed up further in an otherwise sluggish oils and oilseeds market here today on increased export as well as domestic demand.

Meanwhile, edible and non-edible segement witnessed a stable trend owing to subdued demand coupled with restricted arrivals.

Castorseeds March delivery resumed higher at Rs 3,550 and moved in a range of Rs 3,570 and Rs 3,535 before closing at Rs 3,551 from its overnight closing level of Rs 3,526, showing a gain of Rs 25 per tonne.

However, groundnut oil, refined palmolein, castor seeds bold, castoroil commercial and linseed oil, all were unchanged at Rs 760, Rs 566, Rs 4,375, Rs 905 and Rs 640, respectively.