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.

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 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.

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.

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Castor seed prices went up by Rs 38 to Rs 4,337 per quintal in futures trading as speculators raised bets, tracking upbeat sentiment at the physical markets.

At the National Commodity and Derivative Exchange, castor seed for delivery this month traded higher by Rs 38 or 0.88 per cent to Rs 4,337 per quintal, with an open interest of 9,430 lots.

Castor seed to be delivered in December too gained Rs 28 or 0.64 per cent to Rs 4,389 per quintal, showing an open interest of 79,790 lots.

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