Castorseed prices bounced back by Rs 19 to Rs 4,606 per quintal in futures trade today amid fresh buying by operators at existing levels, triggered by a firming trend in market sentiment.
Market players said fresh positions build up of participants, taking positive cues from domestic physical markets on strong demand from paint and other consuming industries, mainly influenced castorseed prices at futures trade here.
At the National Commodity and Derivative Exchange counter, castorseed for delivery in June month contracts recouped by Rs 19, or 0.41 per cent, to Rs 4,606 per quintal, with an open interest of 1,07,790 lots.
The delivery for the first contract May also rebounded by Rs 10, or 0.22 per cent, to Rs 4,535 per quintal, in an open interest of 10,560 lots.
Disclaimer: No Business Standard Journalist was involved in creation of this content
