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Castorseed prices rose by Rs 23 to Rs 4,186 per quintal in futures trade today following renewed buying in line with firm spot and overseas trend.
Marketmen said rising trend in spot markets mainly encouraged traders to increase their holdings in futures trade.
Rising export demand also boosted the trading sentiments to some extent, they said.
At the National Commodity and Derivatives Exchange, castorseed for current February contract rose by Rs 23, or 0.55%, to Rs 4,186 per quintal, with an open interest of 1,42,500 lots.
Near-March contract too advanced by Rs 24, or 0.57%, to Rs 4,264 per quintal in an open interest of 1,03,240 lots.
