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Castorseed futures fall on profit booking

Press Trust of India  |  New Delhi 

Castorseed prices dropped by Rs 66 to Rs 4,360 per quintal in futures trade today on profit booking by traders at existing higher levels.

Marketmen said profit-booking by speculators amid a weakening spot market trend mainly influenced the sentiment.

At the National Commodity and Derivatives Exchange, castorseed prices for June contract dipped by Rs 66, or 1.49 per cent, to Rs 4,360 per quintal, with an open interest of 9,310 lots.

Most active March contract fell by Rs 46, or 1.10 per cent, to Rs 4,213 per quintal, having an open interest of 1,33,440 lots.

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First Published: Fri, February 28 2014. 15:40 IST