Castor seed futures slip on weak spot cues

Castor seed prices moved down by Rs 24 to Rs 4,586 per quintal in futures trade today on cutting down on exposures by participants in line with weak physical markets sentiment.
Marketmen said trimming of holdings by the participants in tune with subdued physical trend mainly influenced castor seed futures prices here in future trading.
At the National Commodity and Derivative Exchange, castor seed for delivery in January declined by Rs 24 or 0.52 per cent to Rs 4,586 per quintal, clocking an open interest of 55,390 lots.
Also, castorseed for delivery in current month fell by Rs 23 or 0.51 per cent to Rs 4,531 per quintal, depicting an open interest of 37,650 lots.