Castor seed futures on NCDEX ended high during the end of last week. Most active April contracts rallied higher to end the week at Rs. 4561 per quintal as against the previous week’s closing of Rs. 4280 per quintal.
A fall in supply across major markets and rise in demand from domestic traders led to a rally in prices. Domestic crushers increased the purchase in anticipation of rise in export demand for castor oil and castor meal.