FOB Quotes For Castor Oil Range In Between $1360 To $1365 Per Tonne

Castor seed cash market trades higher due to increased buying activies and firm innertone in the market.Futures and cash markets traded higher from previous day.Bull operators are active and may drag prices further It up from current level. castor seed arrivals have decreased slightly from 1.10 lakh bags to around 1 lakh bags(80 kg). It is being sold in action at Rs 3700 to 3850 per qtl. and traders say that any dip from this level is unlikely.Arrival pressure would continue to decrease in the weeks ahead.Indian FOb quotes for oil range in $1360 to $1365 per tonne.Major buyers are active and this month export figure may cross 50,000 tonne.