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Castorseed down 1% on profit booking

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Press Trust of India New Delhi

Castorseed prices weakened by Rs 44 to Rs 3,825 per quintal in futures trading today on the back of profit-selling by traders in line with weak spot markets sentiment.

Marketmen said apart from profit booking at prevailing higher levels, weak physical markets also influenced the trading sentiment.

At the National Commodity and Derivatives Exchange, castorseed prices for March delivery dropped by Rs 44, or 1.14%, to Rs 3,825 per quintal, with an open interest of 11,750 lots.

April castorseed slipped by Rs 34, or 0.89%, to Rs 3,773 per quintal, with an open interest of 7,550 lots.

 

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First Published: Mar 09 2012 | 3:39 PM IST

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