 "Castorseed futures Rs 50 up")
Castorseed prices were up by Rs 50 to Rs 4,426 per quintal in future trading today as traders raised their bets amid a firming trend at the spot markets.
Besides, positive overseas cues too influenced prices.
At the National Commodity and Derivatives Exchange counter, castorseed for delivery in December month contract spurted by Rs 50, or 1.14% to Rs 4,426 per quintal, in an open interest of 2,43,000 lots.
Also, the delivery for current November month contract gained by Rs 45, or 1.05% to Rs 4,347 per quintal and open interest stood of 14,160 lots.
Marketmen attributed rise in castorseed prices to widening of positions by participants, triggered by a firming rtrend at the physical market amid positive global cues.
