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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Castor Seed Futures Slide on Subdued Physical Cues

Castorseed prices dropped by Rs 49 to Rs 4,572 per quintal in futures trade today following offloading of positions by speculators in the wake of weak trend at the physical markets.castor-seeds_10421148_250x250

At the National Commodity and Derivatives Exchange, castorseed for delivery this month slipped by Rs 49, or 1.08 per cent, to Rs 4,572 per quintal, clocking an open interest of 1,810 lots.

The delivery for the most-traded September too eased by Rs 23, or 0.50 per cent, to Rs 4,662 per quintal, depicting an open interest of 75,220 lots.

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Castor Seed Futures Witness Highest Single Day Jump on NCDEX

Castor seed futures on National Commodities and Derivatives Exchange (NCDEX) witnessed the highest single day jump on Wednesday since March this year supported by highest ever monthly export volume of castor meal and reports of crop damage due to heavy rains in Gujarat.Castor-Oil-Seeds2

The benchmark castor seed contract on NCDEX for September delivery was up more than 3.21 % or Rs 147 today to trade at Rs. 4,727 per quintal, its highest level in four and half months.

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Castor Seeds Rise on Spot Demand

Castor seed prices were up further by Rs 12 to Rs 4,484 per quintal in futures trade today as participants widened their positions, buoyed by strong physical market sentiments.

At the National Commodity and Derivative Exchange, castor seed for delivery in current month contracts marked higher by another Rs 12 or 0.27 per cent to Rs 4,484 per quintal, in an open interest of 36,310 lots. Castor-Oil-Seeds-Traders

Castor seed for most-active September contracts too rose by Rs 7 or 0.15 per cent to Rs 4,558 per quintal, with the business turnover of 51,000 open lots. 
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Castor Seed Futures Rebound By Rs 34 per Quintal

Castor seed prices rebounded by Rs 34 to Rs 4,470 per quintal in futures trading today on improved industrial demand.

At the National Commodity and Derivative Exchange, castor seed for most-traded, delivery in August month gained Rs 34 or 0.77 per cent to Rs 4,470 per quintal, having an open interest of 74,470 lots.Castor-Oil-Seeds2

The castor seed for delivery in September advanced by Rs 33 or 0.73 per cent to Rs 4,540 per quintal, clocking an open interest of 13,760 lots.

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Castor Seed Futures up Rs 10 per Quintal

Castor seed prices improved by Rs 10 to Rs 4,533 per quintal in futures trading as traders created position in line with a firm trend at the physical markets.castor-seeds_10421148_250x250

At the National Commodity and Derivatives Exchange, castor seed for delivery in August gained by Rs 10, or 0.22 per cent, to Rs 4,533 per quintal, in an open interest of 81,330 lots.

Castor seed for September delivery advanced by Rs 10, or 0.22 per cent, to Rs 4,605 per quintal, clocking an open interest of 7,230 lots.

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Castor Seed Futures Up On Spot Cues

Castor seed prices rose further by Rs 56 to Rs 4,537 per quintal in futures trading after participants expanded positions amid positive trend at the physical markets.Castor-Oil-Seeds-Traders

At the National Commodity and Derivatives Exchange, castor seed for August surged by Rs 56, or 1.25 per cent, to Rs 4,537 per quintal, with an open interest of 81,850 lots.

The delivery for July also rose by Rs 37, or 0.83 per cent, to Rs 4,470 per quintal, in an open interest of 6,660 lots.

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Castor Seed Futures Rise by Rs 15 per Quintal

Castor seed prices rose by Rs 15 to Rs 4,389 per quintal in futures trading due to acceleration in demand amid tight supplies from growing belts. Castor-Oil-Seeds-TradersAt the National Commodity and Derivatives Exchange, castor seed for delivery in July gained Rs 15, or 0.34 per cent, to Rs 4,389 per quintal, clocking an open interest of 7,560 lots.

Castor seed for delivery in August edged up by Rs 12, or 0.27 per cent, to Rs 4,444 per quintal, showing an open interest of 82,170 lots.

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