Castor seed futures lean down on muted spot demand

Castor seed prices enquired lower by Rs 6 to Rs 4,534 per quintal in futures trading today as traders preferred to windup positions, guided by weak physical market.

At the National Commodity and Derivative Exchange counter, castor seed delivery for the November shaded by Rs 6 or 0.13 percent to Rs 4,534 per quintal, in an open interest of 74,790 lots.castor-seeds_10421148_250x250

In a similar manner, the delivery for the December off by same margins and percentage to Rs 4,587 per quintal, open interest stood at 42,880 lots.


Students design use-and-throw organic pen

A group of students of the Panchayat Union Middle School in Tamil Nadu have been using eco-friendly pens in an effort to check the usage of plastic materials.

A majority of the students use the use-and-throw plastic pens available in the market, which badly affect the environment.Homepagecarroussel-research1

Plantain leaf, papaya leaf stem, coconut leaf, and castor stem are used as body of the pen. They have fixed the nib at one end of the stem, and closed the other end using maida starch to hold the ink.


These sustainable wool shoes are casual, comfortable and cool

Allbirds shoes are designed without logos, labels or special detailing. They’re constructed from ZQ-certified merino wool (meaning sheep are raised sustainably and humanely according to strict standards). The wool is specially knitted into a superfine weave — each fiber is about 20 percent the width of a human hair — so it’s not scratchy.allbirds

Washable insoles also are formed from merino wool fabric, and soles are green polyurethane made from castor bean oil. The idea is to create something not only sustainable but breathable, durable, comfortable and all-purpose.


Castor seed futures rise on upbeat spot sentiment

Castor seed prices bolstered by Rs 38 to Rs 4,413 per quintal in futures trade as speculators went for the accumulation on the back of emerging physical markets sentiment.Castor-Oil-Seeds2

Market players stated the uptick in castor seed future prices to restricted arrivals amid gearing up in demand from paint and lubricant industries in spot markets.

At The National Commodity and Derivative Exchange counter, castor seed delivery for the most traded November month contract hardened by Rs 38 or 0.87 percent to Rs 4,413 per quintal, with an open interest of 80,370 lots.


Castor Seed Futures Ease on Low Spot Demand

Castor seed prices softened by Rs 21 to Rs 4,615 per quintal in futures trading today on trimming of bets by participants taking weak cues from the spot markets on low demand.Castor-Oil-Seeds2

At the National Commodity and Derivatives Exchange, the contract of castor seed for delivery in October was trading lower by Rs 21, or 0.45 per cent, to Rs 4,615 per quintal, clocking an open interest of 42,500 lots.

The delivery for November contract also eased by Rs 20, or 0.42 per cent, to Rs 4,715 per quintal, depicting an open interest of 74,120 lots.