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Castorseed rises in futures trade on spot demand

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Press Trust of India New Delhi
Last Updated : Sep 29 2014 | 1:25 PM IST
Castorseed prices firmed up by Rs 56 to Rs 4,624 per quintal in future trading today as participants expanded their positions, tracking a firming trend at the spot markets on rising demand.
At the National Commodity and Derivatives Exchange, castorseed for delivery in November month contracts shot up by Rs.56, or 1.23 per cent to Rs.4,624 per quintal, with an open interest of 4,622 lots.
Also, delivery in October month contracts surged by Rs.52, or 1.15 per cent to Rs.4,556 per quintal, in an open interest of 4,553 lots.
Marketmen said rising demand in the spot markets on the back of rising demand, mainly influenced castorseed prices at futures trade here.

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First Published: Sep 29 2014 | 1:25 PM IST

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