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Castor seed prices declined by Rs.53 to Rs.3,396 per quintal in future trade today due to profit-booking driven by weak spot market demand.
Marketmen said a weakening tend in spot market advised speculators to book-profit at existing higher levels.
At the National Commodity and Derivatives Exchange, castorseed prices for September contract lost Rs.53, or 1.54% to Rs.3,396 per quintal, with an open interest of 1,70,670 lots.
Near October contract also slipped by Rs.52, or 1.47% to Rs.3,481 per quintal, having an open interest of 34,570 lots.
