Business Standard

Castorseed up 1% on fresh buying

Commodity for Feb delivery moved up by 0.76%

Press Trust of India New Delhi
Castorseed prices higher by Rs 44 to Rs 4,331 per quintal in futures trading today on the back of fresh positions created by speculators at prevailing levels.

Marketmen said pick-up in demand and restricted supplies in spot markets mainly influenced castorseed prices at futures trade.

At the National Commodity and Derivatives Exchange counter, castorseed prices for delivery in far-month May delivery contracts hardened by Rs 44, or 1.03%, to Rs 4,331 per quintal, with an open interest of 5,050 lots.

In similar manners, castorseed delivery in February moved up by Rs 31, or 0.76%, to Rs 4,108 per quintal, clocking an open interest of 1,52,120 lots.

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First Published: Jan 27 2014 | 1:20 PM IST

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