Date:03/06/2006 URL: http://www.thehindubusinessline.com/2006/06/03/stories/2006060302600800.htm

Back Castorseed futures close higher

Our Bureau

Mumbai , June 2

RBD palmolein and imported crude soya oil moved in the opposite direction, while groundnut oil moved up on the local edible oil market on Friday. Castorseed August contracts ended higher on continued buying support from operators on reports of some export deals.

Groundnut oil raw was up Rs 2 at Rs 472 per 10 kg on some enquiries. Imported crude soya oil was up Re 1 at Rs 381 per 10 kg. Sunflower oil expeller was down Re 1 at Rs 401 per 10 kg. RBD palmolein was down Re 1 at Rs 400 per 10 kg. Castor oil commercial grade was steady at Rs 324 per 10 kg.

In futures segment, castor seed August contracts ended higher at Rs 1,552 per quintal, up by Rs 21 over previous day.

Sugar steady

Sugar spot prices ruled steady on the Vashi wholesale market on Friday on lack of fresh buying from retailers.

Small grade (S-30) was steady at Rs 1,890-1,935 a quintal, while medium grade (M-30) was also steady at Rs 1,920/1,970 a quintal.