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Castorseed future eases on profit taking

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Press Trust of India New Delhi
Castorseed prices turned weak by Rs 27 to Rs 4,193 per quintal in future trading today as selling existed on prevailing levels, pressurised by weakening physical markets.

Marketmen said besides profit booking on higher levels, a weak trend in spot markets too weighed on prices.

At the National Commodity and Derivative Exchange, castorseed delivery for the second contract March month declined by Rs 27 or 0.64 per cent to Rs 4,193 per quintal, with an open interest of 10,480 lots.

Most active first contract February month delivery also slipped by Rs 14 or 0.34 per cent to Rs 4,165 per quintal, showing an open interest of 19,780 lots.
 

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First Published: Jan 12 2017 | 12:57 PM IST

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