Castorseed price hardened by Rs 52.50 to Rs 4,895 per quintal in futures trade today following aggressive buying by traders in line with firm overseas and domestic market cues.
Marketmen said heavy buying by consuming industries in physical markets in line with firm global sentiments, encouraged traders to built up fresh positions here in future markets.
At the National Commodity and Derivatives Exchange, September castorseed rose by Rs 52.50, or 1.08% to Rs 4,895 per quintal, clocking an open interest of 8,940 lots.
The November contract improved by Rs 43.50, or 0.92% to Rs 4,770 per quintal in an open interest of 15,730 lots.