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.

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Castor Seed Futures Gain, Helped by Spot Cues

Castor seed prices firmed up by Rs 45 to Rs 4,634 per quintal in futures trade as traders were upbeat about spot market cues.castor-seeds_10421148_250x250

At the National Commodity and Derivative Exchange counter, castor seed delivery for October contract rose by Rs 45, or 0.98 per cent, to Rs 4,634 per quintal, with an open interest of 48,610 lots.

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Castor seed futures gain on spot demand

Castor seed registered a rise of Rs 20 to Rs 4,741 per quintal in its prices at futures trade today as operators raised their bets supported by strong industrial demand in the spot markets.Castor-Oil-Seeds-Traders

At the National Commodity and Derivative Exchange, castor seed for the November delivery contracts advanced by Rs 20 or 0.42 per cent to Rs 4,741 per quintal, in an open interest of 37,410 lots.

The most-traded delivery in October too was trading higher by Rs 17 or 0.37 per cent to Rs 4,657 per quintal, depicting an open interest of 82,770 lots.

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Castor seed futures drop by Rs 15 per quintal

Castor seed prices drifted down by Rs 15 to Rs 4,727 per quintal in futures trading as participants cut down their positions in line with muted demand in spot markets.castor-seeds_10421148_250x250

At the National Commodity and Derivative Exchange platform, castor seed for delivery in November contracts slipped by Rs 15 or 0.32 per cent to Rs 4,727 per quintal, with an open interest of 31,860 lots.

The most-traded delivery in October contracts also eased by Rs 13 or 0.28 per cent to Rs 4,637 per quintal, in an open interest of 86,640 lots.

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Castor seed futures recover on short covering

Castorseed prices recovered by Rs 23 to Rs 4,554 per quintal in futures trade on the back of covering-up of short positions at existing levels by speculators amid a rebound at physical markets. Castor-Oil-Seeds-Traders

At the National Commodity and Derivative Exchange, castor seed for delivery this month improved by Rs 23 or 0.51 per cent to Rs 4,554 per quintal, with an open interest of 5410 lots. 

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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.

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Castor Seed Futures fall by Rs 20 per quintal

Castor seed prices dropped by Rs 20 to Rs 4,650 per quintal after traders liquidated holdings amid a weak trend at the physical markets.Castor-Oil-Seeds-Traders

At the National Commodity and Derivative Exchange, castor seed for delivery in September contracts slipped by Rs 20 or 0.43 per cent to Rs 4,650 per quintal, having an open interest of 69,330 lots.

In a similar way, the delivery for the October contract eased by Rs 19 or 0.40 per cent to Rs 4,749 per quintal, with the business turnover of 31,790 lots.

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Castor Seed Futures Ease on Spot Cues

Castor seed prices came down by Rs 23 to Rs 4,686 per quintal in futures trading as traders adopted cautious stance and cut down their positions in line with subdued trend at the physical markets.castor-seeds_10421148_250x250

At the National Commodity and Derivative Exchange, castor seed for most-traded delivery in September contracts dropped by Rs 23 of 0.49 per cent to Rs 4,686 per quintal, with an open interest of 72,190 lots.

The delivery for October month contract also fell by Rs 19 or 0.40 per cent to Rs 4,787 per quintal, having an open interest of 27,370 lots.

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Castor Seed Futures Climb Rs 107 per Quintal

Castor seed prices bounced by Rs 107 per quintal in futures trade after participants accumulated speculative positions, powered by strong domestic and overseas demand.Castor-Oil-Seeds2

Market players said a firm trend at the physical markets following frantic buying by soap and other consuming industries amid pause in arrivals from growing areas, influenced castor seed prices in futures market.

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Castorseed Futures Extend Gains

Castorseed remained positive in futures trade with prices rising by another Rs 15 to Rs 4,658 per quintal as participants indulged in raising their positions. Besides, strong domestic and export demand too influenced the castorseed prices.Castor-Oil-Seeds2

At the National Commodity and Derivatives Exchange, castorseed for delivery in September rose by Rs 15, or 0.32 per cent, to Rs 4,658 per quintal, clocking an open interest of 80,470 lots.

Castorseed for delivery in October also moved up by a similar margin to trade at Rs 4,738 per quintal and open interest stood at 9,840 lots.

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