Castorseed up 2.09% on export demand

Brisk buying by traders triggered the uptrend

Castorseed futures for January climbed up by Rs 77, or 2.09%, to Rs 3,755 per quintal in 17,870 lots at the National Commodity and Derivatives Exchange today.

The February contract surged by Rs 76, or 2.01%, to Rs 3,850 per quintal, in 1,41,470 lots.

Brisk buying by traders, firm spot and overseas markets triggered the uptrend.

Besdies, restricted supply and strong export demand also supported the castorseed futures trade.