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Castor seed prices up by Rs 6 on firm bets

Press Trust of India  |  New Delhi 

Castor seed prices rose by Rs 6 to Rs 5,194 per in futures trade Friday after investors widened their bets amid firm trends.

Marketmen said apart from rising demand from consuming industries, shortage of stocks in the spot markets mainly led to the rise in castor seed futures.

At the National Commodity and Derivatives Exchange, castor seed for delivery in January was trading higher by Rs 6, or 0.12 per cent, to Rs 5,194 per quintal, clocking an open interest of 1,07,280 lots.

Castor seed for delivery in March rose by Rs 12, or 0.23 per cent, to Rs 5,336 per having an open interest of 3,200 lots.

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

First Published: Fri, January 11 2019. 14:35 IST