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Castorseed futures fall on weak global cues

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Press Trust of India New Delhi
Castorseed prices were down by Rs 18 to Rs 4,198 per quintal in future trading today following offloading of positions by speuclators on slackened export demand in spot markets amidst weak overseas cues.

At the National Commodity and Derivatives Exchange counter, castorseed for the most-active September contracts fell by Rs 18, or 0.43 per cent to Rs 4,198 per quintal, in an open interest of 1,82,100 lots.

Similarly, castorseed for delivery in current months eased by Rs 9, or 0.22 per cent to Rs 4,160 per quintal, with an open interest of 2,960 lots.

Marketmen said slackness in export demand and weak trend overseas, mainly put pressure on castorseed prices at futures trade here.
 

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First Published: Aug 20 2014 | 4:56 PM IST

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