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Castorseed prices fell by Rs 61 to Rs 3,451 per quintal in futures trade today on the back of fresh selling by traders on weak physical markets sentiment.
Marketmen said fall in demand and increased arrivals in spot markets mainly led the fall here in futures price of castorseed.
At the National Commodity and Derivative Exchange, castorseed prices for November delivery dipped by Rs 61, or 1.74%, to Rs 3,451 per quintal, with an open interest of 4,280 lots.
The August contract weakened by Rs 50, or 1.52% to Rs 3,237 per quintal, having an open interest of 71,650 lots.
Prices for most active near month September declined by Rs 49, or 1.46%, to Rs 3,313 per quintal, with an open interest of 1,43,620 lots.
