Castor seed futures gain on physical cues

Castor seed prices improved by Rs 33 to Rs 4,123 per quintal in futures trading on accumulation of position by the operators in line with strong physical demand.Castor-Oil-Seeds2

At the National Commodity and Derivatives Exchange, castor seed delivery for February hardened by Rs 33 or 0.81 percent to Rs 4,123 per quintal, with an open interest of 17,650 lots.

The delivery for the most traded March month also increased by Rs 13 or 0.31 per cent to Rs 4,190 per quintal, clocking an open interest of 60,520 lots.

Castor seed futures fall by Rs 34 per quintal

Castor seed prices rolled down by Rs 34 to Rs 4,426 per quintal in futures trade on trimming of positions by the participants amid weak physical markets.Castor-Oil-Seeds2

Marketmen said cutting down of bets by the participants in view of falling price at spot markets, mainly led to fall in castor seed futures prices.

In spot markets, withdrawal of support by the soap, paint and lubricant industries amid uninterrupted arrivals from growing belts kept the prices under pressure.

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Castor seed futures down by Rs 12 per quintal

Castor seed prices were down by Rs 12 to Rs 4,593 per quintal in futures trading on Dec 6 on trimming of positions by speculators in line with subdued physical market trend.Castor-Oil-Seeds-Traders

Marketmen said the fall in castor seed prices in futures trade to reducing of positions following mounting stocks on increased arrivals amid muted demand from consuming industries in spot markets.

At the National Commodity and Derivative Exchange, castor seed for most-traded delivery in January moved down by Rs 12 or 0.26 percent to Rs 4,593 per quintal, depicting an open interest of 51,630 lots.

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Castorseed futures step up on spot cues

Castorseed prices marked higher by Rs 41 to Rs 4,622 per quintal in futures trading today after participants accumulated positions amid a firm trend at the physical markets.Castor-Oil-Seeds-Traders

At The National Commodity and Derivative Exchange, castorseed delivery for January contract climbed up by Rs 41 or 1.05 per cent to Rs 4,622 per quintal, with an open interest of 36,250 lots.

Also, the most-active contract to be delivered in current month advanced by Rs 39 or 0.86 per cent to Rs 4,566 per quintal, persisting an open interest in 55,580 lots.

Source

Castorseed futures step up on spot cues

Castorseed prices marked higher by Rs 41 to Rs 4,622 per quintal in futures trading after participants accumulated positions amid a firm trend at the physical markets.Castor-Oil-Seeds2

At The National Commodity and Derivative Exchange, castorseed delivery for January contract climbed up by Rs 41 or 1.05 per cent to Rs 4,622 per quintal, with an open interest of 36,250 lots.

Also, the most-active contract to be delivered in current month advanced by Rs 39 or 0.86 per cent to Rs 4,566 per quintal, persisting an open interest in 55,580 lots.

Source