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Castorseed up 0.81% on demand

Renewed buying by traders triggered the uptrend

Press Trust of India New Delhi

Castorseed January futures moved up by Rs 12, or 0.81% to Rs 3,836 per quintal in 8,900 lots.

At the National Commodity and Derivatives Exchange, the February contract rose by Rs 10, or 0.26% to Rs 3,928 per quintal in 1,45,640 lots.

Renewed buying by traders, firm spot as well as overseas markets triggerd the uptrend.

Strong industrial demand and tight supply in physical markets kept the prices higher.

Heavy export demand also supported the trade, said marketmen.

 

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First Published: Jan 08 2013 | 1:34 PM IST

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