 "Castorseed prices improve by 2.1% on fresh buying")
Castorseed prices rose by Rs 84 to Rs 3,916 per quintal in the futures trading today following slump in rupee coupled with low levels buying by traders.
Marketmen said sharp fall in rupee against the dollar along with traders buying at prevailing lower levels following pick up at spot markets demand, mainly pushed up the prices.
At the National Commodity and Derivatives Exchange, castorseed for November contract rose by Rs 84, or 2.19% to Rs 3,916 a quintal in open interest of 10,890 lots.
Most active first contract also found fresh support with an increase of Rs 57, or 1.55% at Rs 3,738 per quintal, having an open interest of 1,19,480 lots.
Marketmen said sharp fall in rupee against the dollar along with traders buying at prevailing lower levels following pick up at spot markets demand, mainly pushed up the prices.
At the National Commodity and Derivatives Exchange, castorseed for November contract rose by Rs 84, or 2.19% to Rs 3,916 a quintal in open interest of 10,890 lots.
Also Read
Near October contract gained Rs 65, or 1.73% to Rs 3,837 per quintal, with an open interest of 88,400 lots.
Most active first contract also found fresh support with an increase of Rs 57, or 1.55% at Rs 3,738 per quintal, having an open interest of 1,19,480 lots.
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 →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
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
SAVE 25%