Business Standard

Castorseed down 1.5% on selling pressure

Castorseed for January contract fell by 1.19%

Press Trust of India New Delhi
Castorseed prices fell by Rs 56 to Rs 3,575 per quintal in future trading today on the back of weak physical market cues.

Marketmen said reports of good rainfall in growing areas against increased selling by stockists in local mandies mainly put weight on futures prices.

At the National Commodity and Derivatives Exchange, castorseed for October contract dropped by Rs 56, or 1.54% to Rs 3,575 per quintal, with an open interest of 1,44,250 lots.

Near November contract slipped by Rs 56, or 1.50% at Rs 3,671 per quintal, clocking an open interest of 34,150 lots.

Far January contract fell by Rs 47, or 1.19% to Rs 3,915 per quintal, in an open interest of 65,570 lots.

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First Published: Sep 23 2013 | 2:08 PM IST

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