Castor seed prices went up by Rs 45 to Rs 4,682 per quintal in futures trade today after participants raised holdings, following positive physical markets cues.
Marketmen said investors created fresh positions, spurred by low stocks due to the pause in supplies from growing regions, fuelled by strong demand for paint, soap and lubricant industries in the spot markets.
At the National Commodity and Derivatives Exchange, castor seed delivery for the October contract rose by Rs 45 or 0.97 per cent, to Rs 4,682 per quintal with an open interest of 6,480 lots.
The delivery of the most traded September contract also gained by Rs 36, or 0.78 per cent, to Rs 4,629 per quintal having business turnover of 1,45,950 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