Commodities

Castor seed futures up on spot demand

PTI New Delhi | Updated on May 06, 2019 Published on May 06, 2019

Castor seed prices rose by ₹ 28 to ₹ 5,840 per quintal in futures trade on Monday as speculators created fresh positions amid strong demand in domestic market.

Marketmen said, positive leads from the spot market on pick-up in demand from consuming industries mainly supported the prices here.

On the National Commodity and Derivatives Exchange, castor seed delivery for July contracts rose by ₹ 28, or 0.48 per cent, to ₹ 5,840 per quintal, clocking an open interest of 8,140 lots.

Similarly, the delivery for June contracts gained ₹ 26, or 0.45 per cent, to ₹ 5,754 per quintal, clocking an open interest of 2,16,790 lots.

Published on May 06, 2019
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