Castorseed prices declined by Rs 56 to Rs 3,875 per quintal in futures trading today following selling pressure at existing higher levels.
Marketmen said traders preffered to book profits at every surge against sufficient stocks positions.
At the National Commodity and Derivatives Exchange, Castorseed prices for most active near January contract dropped by Rs 56, or 1.42%, to Rs 3,875 per quintal, with an open interest of 1,40,260 lots.
November contract fell by Rs 41, or 1.11%, to Rs 3,655 per quintal, clocking an open interest of 1,06,130 lots.