Castor seed up on positive spot cues

Castor seed prices were marked higher by Rs 10 to Rs 3,982 per quintal in futures trade as operators created fresh positions, driven by strong trends at the physical markets.

Marketmen attributed the rise in castor seed futures prices to building up of fresh positions by speculators, tracking a firm trend at the spot markets on the back of rising demand from paint, soap and other consuming industries.