login_img.jpg
Login ID:
Password:
Partner Login
Contact Us : 7066511911

Castor Prices Stabilize Amidst Steady Arrivals in Gujarat

25 May 2024 4:24 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Mumbai, May 25 (CommoditiesControl) – Castor prices in Gujarat remained stable due to consistent arrivals exceeding 100,000 bags, primarily driven by farmers releasing their stored stocks into the market. Traders anticipate limited downside risks for castor prices in the near future, with stockists holding back inventory in anticipation of potential price increases.

Approximately 110,000 bags (1 bag = 35 kg) arrived in the market, with around 85,000 bags from Gujarat, 15,000 bags from Rajasthan, and 10,000 bags directly traded with mills. Castor prices ranged from Rs 1,095 to Rs 1,110 per 20 kg.


Mill prices remained largely unchanged due to the closure of the futures market. Jagana Shippers held steady at Rs 1,145, N.K. at Rs 1,150, and Kandla at Rs 1,125-1,140 per 20 kg. Kandla delivery castor oil prices were also stable at Rs 1,145-1,147 per 10 kg.

(By Commoditiescontrol Bureau; +91-9820130172)


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Post Comment  

Latest Market Commentary
Mentha Oil Prices Decline as Harvesting Gathers Pace
Guar Seed, Gum Prices End Higher on Firm Demand
Mentha Oil Prices See Mixed Movement Across Contracts
Guar Seed and Gum Prices Firm Amid Expectations of Redu...
Mentha Oil Prices Decline Sharply as Arrival of New Cro...
more
Top 5 News
DCE Daily Rates Update ( Time: 20:19 ) - 18 JUNE 2024
ICE/ZCE Daily Rates Update ( Time: 20:18 ) - 18 JUNE 20...
London Metal Exchange Settlement - 18-Jun-2024
Market Wise Chana Arrivals: Supply Up By 9.46% Against...
Market Wise Tur Arrivals: Supply Up By 0.48% Against P...
Top 5 Special Reports
Weekly: ICE Sugar Futures Revived By ISO's Global Defic...
Weekly: Cotton Prices Slide for Third Consecutive Week ...
India Plans Boost in Arhar and Urad Dal Production to T...
US soybean net sales for May 31-June 6 at 377,100 MT, u...
US cotton net export sales for May 31-June 6 at 177,100...
Copyright © CC Commodity Info Services LLP. All rights reserved.