Castorseed prices plummeted by Rs 101.50 to Rs 4,515.50 per quintal in future trading today on all round selling by traders in tandum with weak spot markets cues.
Marketmen said heavy selling by traders, guided by weakening physical markets sentiment mainly pulled down prices in future market here.
They said fresh supply and reduced offtake in physical markets dampened the trading sentiment.
At the National Commodity and Derivatives Exchange counter, the December contract slided by Rs 101.50 or 2.20% to Rs 4,515.50 per quintal, with an open interest of 700 lots.
Most active second last November month contract slipped by Rs 99 or 2.11% to Rs 4,590 per quintal, clocking an open interest of 14,670 lots.
The commodity for current September month contract went down by Rs 66.50 or 1.39% to Rs 4,705 per quintal, open interest showed in 9,110 lots.
