Castorseed prices rose by Rs 42 to Rs 3,200 per quintal in futures trading today following fresh buying by speculators on spot market demand.
At the National Commodity and Derivatives Exchange, castorseed prices for June delivery moved up by Rs 42, or 1.33%, to Rs 3,200 per quintal, with an open interest of 3,070 lots.
The July contract also pushed up by Rs 24, or 0.75%, to Rs 3,237 per quintal, with an open interest of 30,460 lots.
Marketmen said increased buying by speculators driven by a firming trend in spot markets mainly pushed up castorseed prices.
