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Castor seed prices up by Rs 8 on firm bets

Press Trust of India  |  New Delhi 

Castor seed prices rose by Rs 8 to Rs 5,340 per in futures trade Thursday 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 influenced the castor seed futures here.

At the National Commodity and Derivatives Exchange, castor seed for delivery in February was trading higher by Rs 8, or 0.15 per cent, to Rs 5,340 per quintal, clocking an open interest of 1,07,280 lots.

Castor seed for delivery in March rose by Rs 26, or 0.48 per cent, to Rs 5,420 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: Thu, January 10 2019. 14:30 IST