An upward trend continued unabated for the third straight day in castorseed futures prices as it rose by another Rs 71 to Rs 5,040 per quintal today, mostly supported by firming trends at the spot market.
Market analysts said besides a firming trend at the spot market on strong demand, strong advices from overseas markets also influenced the prices at futures trade here.
At the National Commodity and Derivatives Exchange, castorseed prices May contract at Disa-Gujarat climbed up by Rs 71, or 1.43 per cent, to Rs 5,040 per quintal, with an open interest of 3,760 lots.
Similarly, June contract prices also shot up by Rs 65, or 1.30 per cent, to Rs 5,075.50 per quintal, clocking an open interest of 660 lots, while prices for delivery in April rose by Rs 40, or 0.80 per cent, to Rs 5,070 per quintal, with an open interest of 9,330.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app