Castorseed futures fall on weak global cues

Image
Press Trust of India New Delhi
Last Updated : Aug 20 2014 | 4:56 PM IST
Castorseed prices were down by Rs 18 to Rs 4,198 per quintal in future trading today following offloading of positions by speuclators on slackened export demand in spot markets amidst weak overseas cues.
At the National Commodity and Derivatives Exchange counter, castorseed for the most-active September contracts fell by Rs 18, or 0.43 per cent to Rs 4,198 per quintal, in an open interest of 1,82,100 lots.
Similarly, castorseed for delivery in current months eased by Rs 9, or 0.22 per cent to Rs 4,160 per quintal, with an open interest of 2,960 lots.
Marketmen said slackness in export demand and weak trend overseas, mainly put pressure on castorseed prices at futures trade here.
*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

More From This Section

First Published: Aug 20 2014 | 4:56 PM IST

Next Story