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Castor seed futures drop by Rs 35 per quintal

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Business Finance

Press Trust of India  |  New Delhi 

Castor seed prices went down by Rs 35 to Rs 4,207 per quintal in futures trade today as participants reduced exposure, tracking a weak trend at the spot markets.

Market players said offlfoading of positions in line with a weak trend at the physical markets on sluggish demand against higher supplies, led to the fall in castor seed prices at futures trade here.

At the National Commodity and Derivatives Exchange, castor seed for delivery in April slipped by Rs 35 or 0.83 per cent to Rs 4,207 per quintal, clocking an open interest of 53,880 lots.

Similarly, the delivery in May slackened by Rs 32 or 0.75 per cent to Rs 4,247 per quintal, having an open interest of 18,890 lots.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Mon, March 19 2018. 14:40 IST
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