
According to the Bombay Sugar Merchants Association, the spot rates were: S-grade Rs 3,472-3,551 (Rs 3,472-3,552) and M-grade Rs 3,551-3,701 (Rs 3,542-3,701). Naka delivery rates were: S-grade Rs 3,420-3,450 (Rs 3,420-3,450) and M-grade Rs 3,500-3,625 (Rs 3,500-3,625).
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Castorseed prices rose by 0.29 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the rise in demand from consuming industries against restricted arrivals in domestic markets which in turn encouraged the investors to enlarge their holdings.
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