Castorseed prices fell by Rs 21 to Rs 4,990 per quintal in futures trading today following increased selling by traders.
Market analysts said increased selling on the back of a weak demand amid rising stocks in physical markets, led to the fall in castorseed futures prices here.
At the National Commodity and Derivatives Exchange, castorseed for delivery in June shed Rs 21, or 0.42 per cent, to Rs 4,990 per quintal, with an open interest of 1,050 lots.
Castorseed prices for delivery in May fell by Rs 14.50, or 0.29 per cent, to Rs 4,945 per quintal, clocking an open interest of 4,810 lots.
Likewise, prices for delivery in April eased by Rs 8, or 0.16 per cent, to Rs 4,995 per quintal, with an open interest of 8,290 lots.
