Castor Seed Futures Weaken on Low Spot Demand

Castor seed prices edged lower by Rs 9 to Rs 4,814 per quintal in futures trade as traders indulged in slashing exposure largely in line with weak physical markets.castor-seeds_10421148_250x250

At the National Commodity and Derivative Exchange, castor seed for most-active October month contract was trading lower by Rs 9 or 0.19 per cent to Rs 4,814 per quintal, clocking a business turnover of 99,570 open lots.

The November contract also dropped by Rs 7 or 0.14 per cent to Rs 4,909 per quintal, revealing an open interest of 16,470 lots.

Source

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