Castorseed prices fell by Rs 45 to Rs 4,451 per quintal in futures trade today as participants indulged in booking profits at higher levels amid a subdued trend in spot markets.
Marketmen said profit-booking by speculators by trimming their positions and a weak trend at the physical markets largely on constant supplies amid easing demand at higher levels, pulled down castorseed prices in futures trade.
At the National Commodity and Derivatives Exchange, castorseed for delivery this month weakened by Rs 45, or 1 per cent, to Rs 4,451 per quintal, in an open interest of 3,820 lots.
Likewise, castorseed for delivery in most-traded June fell by Rs 39, or 0.86 per cent, to Rs 4,518 per quintal, in an open interest of 1,07,890 lots.
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