Castorseed prices improved by Rs 28 to Rs 4,630 per quintal in future trade today on increased buying in line with firm spot markets sentiment.
Market analysts said apart from reduced arrivals, building up of fresh positions by traders, on firm spot markets cue, led to the rise is castorseed futures prices.
At the National Commodity and Derivatives Exchange, castorseed for June delivery gained Rs 28, or 0.61% to Rs 4,630 per quintal, showing an open interest of 8,410 lots.
Likewise, its prices for delivery in July advanced by Rs 29.50, or 0.64% to Rs 4,636 per quintal, revealing an open interest of 7,610 lots.