Castor seed prices enquired lower by Rs 18 to Rs 4,678 per quintal in futures trade on minimizing of the holdings and subdued physical markets.
Marketmen said operators were cutting down their holdings in pressure of lower physical markets where prices traded lower due to sluggish demand from consuming industries such as soap, paint and lubricant amid ample stocks.
At the National Commodity and Derivatives Exchange platform, castor seed delivery for September down by Rs 18 or 0.38 per cent to Rs 4,678 per quintal, having an open interest of 45,140 lots.
Likewise, the delivery for the most-traded October skipped by Rs 12 or 0.25 per cent to Rs 4,678 per quintal, with the business turnover in 1,13,660 open interest lots.
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