Castorseed prices firmed up by Rs.61 to Rs.3,655 per quintal in future trading today following frantic buying by traders on the back of higher spot markets sentiment.
Marketmen said restricted supply and rising demand in physical markets mainly attributed the rise here in future price of castorseed.
At the National Commodity and Derivatives Exchange, the June contract hardened by Rs.61, or 1.70% to Rs.3,655 per quintal, witnessing an open interest of 4,140 lots.
The May contract advanced by Rs.60, 1.68% to Rs.3,592 per quintal, persisting an open interest of 9,380 lots, while current April contract flared up by Rs.45, or 1.29% to Rs.3,530 per quintal, revealing an open interest of 12,080 lots.