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

Castor Sees Mild Dip in Prices Amid Arrival Pressure in Gujarat

9 Nov 2024 4:42 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

MUMBAI, 09 Nov (Commoditiescontrol): Due to high arrival pressure, Castor prices in Gujarat's spot market softened by ₹5-₹10 per 20 kg today. With the futures market closed, millers made minimal adjustments in pricing. If arrivals decrease in the coming days, there could be a potential rise in prices, although there is currently no major trigger for a sharp increase.

Today, Gujarat recorded an arrival of approximately 25,000 bags of castor seed (1 bag = 35 kg), with an additional 3,000 bags from Rajasthan and 1,000 bags directly delivered to mills, totaling around 29,000 bags. Castor seed prices held steady, ranging between ₹1,275 and ₹1,290 per 20 kg.

As the futures market was closed, major shippers maintained steady rates: Jagana at ₹1,323, NK at ₹1,345, and Kandla at ₹1,320 per 20 kg. Meanwhile, castor oil for Kandla delivery on a ready basis remained stable at ₹1,335-₹1,337 per 10 kg throughout the day.

(By Commoditiescontrol Bureau; +91 98201 30172)


       
  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
Indian Subcontinent Poised for Above-Normal Rainfall as...
Kharif Crop Sowing Up 2% YoY, Driven by Improved Monsoo...
India Maintains Eighth Spot in Global Agricultural Expo...
La Nia Expected to Emerge After August: Australian Met ...
IMD Forecast Excess Rainfall in July as El Nio Retreats...
more
Top 5 News
CBOT Soy Oil Futures Slide on Favorable South American ...
MCX Cotton Stock Position Location Wise - 04 Dec 2024
NCDEX Stock position of commodities at NCCL approved wa...
Sugar Prices Remain Volatile Amid Mixed Global Supply a...
ICE Cotton Futures Hold Steady Ahead of US Exports Sale...
Top 5 Special Reports
Weekly: Sugar Prices Decline Amid Weaker Brazilian Real...
Weekly: ICE Cotton Futures Log Second Weekly Gain on St...
EDIBLE OILS PORT STOCK AS ON : 29 Nov 2024
U.S. Cotton Sales Surge for 2024/2025 Marketing Year, L...
U.S. Soybean Export Sales Reach Marketing-Year High Ami...
Copyright © CC Commodity Info Services LLP. All rights reserved.