Castor seed prices firmed up by Rs 36 to Rs 34,170 per quintal in futures trading as traders indulged in enhancing positions in line with upbeat sentiments at the domestic spot markets on strong export demand.
Marketmen attributed the rise in castor seed prices at futures market to raising of holdings amid a firm trend at the physical markets on strong export and domestic demand from consuming industries.
In futures trade at the National Commodity and Derivatives Exchange, castor seed for delivery in the current month advanced by Rs 36, or 0.87 per cent, to Rs 4,170 per quintal, having an open interest of 40,490 lots.