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Castorseed futures up on increased procurement

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Press Trust of India New Delhi

Castorseed futures prices gained Rs 37 to Rs 3,739.50 per quintal today on the back of increased buying by traders.

Market analysts said tracking a firm spot market sentiment, traders enlarged their holdings, which pushed up castorseed futures prices.

At the National Commodity and Derivatives Exchange, castorseed for March delivery improved by Rs 37, or 1%, to Rs 3,739.50 per quintal, clocking an open interest of 500 lots.

January contract prices also rose by Rs 37, or 0.97%, to Rs 3,835 per quintal, showing an open interest of 5,030 lots.

Prices for December delivery rose by Rs 30.50, or 0.75%, to Rs 4,085 per quintal, clocking an open interest of 13,180 lots.

 

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First Published: Dec 02 2011 | 1:28 PM IST

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