Castorseed futures fall on weak domestic, global cues – 24 March, 2014

Castorseed prices fell by 0.85 per cent to Rs 4,180 per quintal in future trade on the back of weak spot as well as overseas markets sentiment.

Marketmen said traders preferred to book profits on a weak spot market and overseas trend that mainly pulled down the prices in futures trading.

At the National Commodity and Derivatives Exchange, castorseed for March contract declined by Rs 36, or 0.85 per cent to Rs 4,180 per quintal, with an open interest of 1,66,850 lots.

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