Castor seed prices extended losses by Rs 13 to Rs 4,079 per quintal in futures trade today on cutting down of bets constantly by the operators depressed by subdued physical trend.
Market players said ample stocks along with weak demand for paint, soap and lubricant industries in spot markets continually let down traders, which resulted in declining trend in castor seed futures prices.
At the National Commodity and Derivative Exchange platform, castor seed delivery for the first contract April moved down by Rs 13 or 0.32 per cent to Rs 4,079 per quintal, depicting an open interest of 33,140 lots.
Likewise, the delivery of the most traded May slipped by Rs 13 or 0.31 per cent to Rs 4,125 per quintal, persisting an open interest of 54,900 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