PTI NEWS

Castorseed futures step up on spot cues

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New Delhi, Dec 4 (PTI) Castorseed prices marked higher byRs 41 to Rs 4,622 per quintal in futures trading today afterparticipants accumulated positions amid a firm trend at thephysical markets.

At The National Commodity and Derivative Exchange,castorseed delivery for January contract climbed up by Rs 41or 1.05 per cent to Rs 4,622 per quintal, with an openinterest of 36,250 lots.

Also, the most-active contract to be delivered in currentmonth advanced by Rs 39 or 0.86 per cent to Rs 4,566 perquintal, persisting an open interest in 55,580 lots.

Marketmen said a firm trend at the physical markets ontight supplies from growing belts against rising demand fromconsuming industries, influenced castorseed prices at futurestrade here. PTI SDG SUNANU.

This is unedited, unformatted feed from the Press Trust of India wire.

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