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Castorseed futures succumb to profit-booking, fall Rs 44

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Press Trust of India New Delhi
Amid profit-booking by speculators at existing higher levels and subdued spot demand, castorseed prices fell Rs 44 to Rs 4,380 per quintal in futures trading today.

Marketmen attributed the fall in castorseed prices at futures trade to profit-booking by speculators at prevailing higher levels amid muted demand at the physical markets.

At the National Commodity and Derivatives Exchange counter, castorseed for delivery in far-month January next year contracts was trading down by Rs 44, or 0.99 per cent, to Rs 4,380 per quintal, in an open interest of 3,060 lots.

Also, most-active delivery in October declined Rs 27, or 0.64 per cent, to Rs 4,214 per quintal, in an open interest of 2,04,610 lots.

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First Published: Sep 22 2015 | 12:22 PM IST

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