You are here: Home » PTI Stories » National » News
Business Standard

Castor seed futures drop by Rs 35 per quintal

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.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

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