Castorseed futures price dips on increased selling – April 7, 2014

Castorseed prices slipped by Rs 44 to Rs 4,113 per quintal in futures trade on the back of fall in overseas and domestic demand against rising stocks position.

Marketmen said increased selling by traders on existing higher levels mainly led the fall in prices.

Improvement in supply as well as selling on higher levels mainly created increased stocks position in the spotmarkets and pulled down the prices of castor seed.

Source: http://articles.economictimes.indiatimes.com/2014-04-07/news/48939470_1_castorseed-may-contract-dips

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