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Castor seed futures move down by 0.40 pc

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Press Trust of India New Delhi

Castor seed prices softened by 0.40 per cent to Rs 4,732 per quintal Monday on liquidating of bets by traders in line with a weak trend at the physical markets.

Marketmen said trimming of holdings by participants, taking weak cues from the spot markets led to fall in castor seed prices in futures trade here.

At the National Commodity and Derivatives Exchange, castor seed delivery for delivery in November fell by Rs 19, or 0.40 per cent, to Rs 4,732 per quintal revealing an open interest of 32,860 lots.

In a similar manner, the most-traded delivery in October contract of castor seed also edged down by Rs 17 or 0.36 per cent to Rs 4,655 per quintal, the business turnover seen in 1,44,860 open interest lots.

 

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First Published: Sep 17 2018 | 12:40 PM IST

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