Business Standard

Castorseed futures up on spot demand

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Press Trust of India New Delhi
Castorseed prices improved by Rs 17 to Rs 4,194 per quintal in future trade today owing to increased buying by traders in line with emerging physical markets.

Marketmen said tight supplies against strong demand in spot markets mainly led to rise in the prices of castorseed here in future trading.

At the National Commodity and Derivative Exchange, castorseed for delivery in most-active far-month April contracts advanced by Rs 17 or 0.41 per cent to Rs 4,194 per quintal, with an open interest of 67,140 lots.

Castorseed for delivery this month contracts too gained Rs 15 or 0.37 per cent to Rs 4,120 per quintal, having an open interest of 37,850 lots.

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First Published: Mar 03 2017 | 12:13 PM IST

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