Castor seed prices were down by Rs 12 to Rs 4,593 per quintal in futures trading today on trimming of positions by speculators in line with subdued physical market trend.
Marketmen said the fall in castor seed prices in futures trade to reducing of positions following mounting stocks on increased arrivals amid muted demand from consuming industries in spot markets.
At the National Commodity and Derivative Exchange, castor seed for most-traded delivery in January moved down by Rs 12 or 0.26 percent to Rs 4,593 per quintal, depicting an open interest of 51,630 lots.
Likewise, the delivery in December also looked down by RS 11, or 0.24 per cent to Rs 4,538 per quintal, in an open interest of 41,920 lots.
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