Castorseed futures prices rose by Rs 42 to Rs 4,805 per quintal today following increased buying by traders in line with firming overseas and domestic cues.
Market analysts said increased buying by consuming industries in physical markets in tandem with firm global sentiments, encouraged traders to enlarge their positions in futures.
At the National Commodity and Derivatives Exchange, castorseed for October delivery climbed by Rs 42, or 0.88%, to Rs 4,805 per quintal, with an open interest of 910 lots.
While prices for the current month July's contract moved up by Rs 26.50, or 0.57%, to Rs 4,675 per quintal, with an open interest of 2,580 lots.
Prices for August contract edged up by Rs 15.50, or 0.33%, to Rs 4,750 per quintal, clocking an open interest of 8,310 lots.
