Castor seed prices rose sharply by Rs 136 to Rs 5758 per quintal in futures trade Tuesday due to up-tick in demand.
Marketmen said besides rising demand from consuming industries, shortage of supply at the spot markets mainly led to the rise in castor seed futures.
At the National Commodity and Derivatives Exchange, castor seed for January, next year, was trading higher by Rs 136, or 2.42 per cent, at Rs 5754 per quintal.
Castor seed contracts for December showed a similar trend rising Rs 130, or 2.34 per cent, to Rs 5690 per quintal, with an open interest of 41,675 lots.
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