On the NCDEX, castorseed April contract was up Rs.62 to Rs.3,998 while May contract increased by Rs.54 to Rs.4,038 a quintal with an open interest of 170,360 lots. On Rajkot Commodity Exchange, castorseed June contract gained Rs.51 at Rs.4,064. RCX spot castorseed was traded at Rs.3,837.50. Castor oil improved by Rs.3 to Rs.805/10 kg.

Traders said that demand for castor meal and castor oil has improved after prices went down last week. Moreover, weak production estimate has also supported the uptrend in price. Castor spot was upby Rs.5-7 to Rs.765-775 for 20 kg. About 7,500-7,600 bags of castor arrived in Saurashtra for Rs.740-750.