Castor seed prices softened by 0.54 per cent to Rs 4,610 per quintal in futures trade Friday after participants liquidated holdings in line with weak trend at the physical markets.
Marketmen said taking negative lead from the spot markets due to ample stocks following persistent supplies against slackened demand from soap, paint and other consuming industries, led to the fall in castor seed futures prices.
At the National Commodity and Derivatives Exchange, castor seed for this month declined by Rs 25, or 0.54 per cent, to Rs 4,610 per quintal, with an open interest of 1,400 lots.
Castor seed for October advanced by Rs 6, or 0.13 per cent, to Rs 4,678 per quintal, in the business turnover of 1,46,670 open interest lots.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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