Average Castor Seed Prices – Dec 2017 – (US $702/MT); Average Castor Oil Prices – Dec 2017 – (US $1484/MT); Average Castor Meal Prices – Dec 2017 – (US $72/MT)

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Castor seed up on positive spot cues

Posted on June 20, 2018 by Gayathri

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.

In addition, tight stock positions due to restricted arrivals from growing belts too supported the upside in prices, they added.
Source

This entry was posted in Castor Prices, Castor Seed Futures and tagged castor seed futures, Castor Seeds Price by Gayathri. Bookmark the permalink.

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