Castorseed prices dragged down by Rs 69 to Rs 4,721 per quintal in futures trading today as traders preferred to lower their holdings at prevailing levels amid a weak trend at the physical markets.
Marketmen said that apart from offloading of positions at existing levels by participants, a weak trend at the spot markets on heavy supplies, mainly dampened trading sentiments at the future market here.
At the National Commodity and Derivative Exchange, castorseed for delivery in April contracts dipped by Rs 69 or 1.44 per cent to Rs 4,721 per quintal, clocking an open interest of 76,800 lots.
Castorseed for delivery in far-month May contracts also plunged by Rs 68 or 1.40 per cent to Rs 4,790 per quintal, in an open interest of 59,940 lots.
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