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Castor seed prices up by Rs 64 on firm bets

Press Trust of India  |  New Delhi 

Castor seed prices rose by Rs 64 to Rs 5,324 per in futures trade Monday after investors widened their bets amid firm trends.

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

At the National Commodity and Derivatives Exchange, castor seed for February was trading higher by Rs 64, or 1.22 per cent, to Rs 5,324 per

Castor seed for March surged by Rs 66, or 1.24 per cent, to Rs 5,390 per quintal, 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: Mon, January 14 2019. 13:40 IST