Comments
Castorseed futures traded weak after speculative sell-off by traders along with weak domestic and export demand. Spot price, too, moved down. On the NCDEX, castorseed February contract was down ₹173 to ₹4,243 a quintal with an open interest of 125,310 lots. Rajkot Commodity Exchange (RCX) castorseed March contract too lost 2 per cent to ₹4,206 and RCX spot castorseed slipped ₹50 to ₹4,112.50 a quintal. Castor oil declined ₹5 to ₹845/10 kg. About 23,000-25,000 bags of castor arrived in Gujarat and sold for ₹820-830 for a maund of 20 kg. Around 1,400-1,500 bags arrived in Saurashtra and traded at ₹795-805.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.