Sufficient supply along with limited demand reduced the castor seed price in the spot market. Castor seed futures traded lower on higher supply as well as strong production estimates.
The castor seed prices declined Rs. 5 to Rs. 790 – 800 per 20 kg in Gujarat. On the Rajkot Commodity Exchange, castor December contract lost Rs. 21 to Rs. 4,122 per quintal. RCX spot castor declined Rs. 25 to Rs. 3,925 per quintal.