Castorseed futures fall on weak domestic, global cues

Castorseed prices fell by 0.85 per cent to Rs 4,180 per quintal in future trade today on the back of weak spot as well as overseas markets sentiment.
Marketmen said traders preferred to book profits on a weak spot market and overseas trend that mainly pulled down the prices in futures trading.
At the National Commodity and Derivatives Exchange, castorseed for March contract declined by Rs 36, or 0.85 per cent to Rs 4,180 per quintal, with an open interest of 1,66,850 lots.
May contract also lost Rs 31, or 0.72 per cent to Rs 4,250 per quintal, clocking an open interest of 74,770 lots.