Castorseed futures improve on fresh buying
Marketmen said increased buying by traders, directed by firm spot market sentiment on pick up in demand amid restricted supply, mainly led rise in future prices.
By PTI | Updated:
NEW DELHI: Castorseed prices rose by Rs 52 to Rs 3,578 per quintal in future trade on Monday on fresh buying by traders on the back of firm physical market sentiments.
Marketmen said increased buying by traders, directed by firm spot market sentiment on pick up in demand amid restricted supply, mainly led rise in future prices.
At the National Commodity and Derivatives Exchange, castorseed prices for July contract improved by Rs 52, or 1.47 per cent to Rs 3,578 per quintal, with an open interest of 7,390 lots.
Most active near August contract too moved up by Rs 43, or 1.18 per cent to Rs 3,673 per quintal, in an open interest of 2,29,780 lots.
Marketmen said increased buying by traders, directed by firm spot market sentiment on pick up in demand amid restricted supply, mainly led rise in future prices.
At the National Commodity and Derivatives Exchange, castorseed prices for July contract improved by Rs 52, or 1.47 per cent to Rs 3,578 per quintal, with an open interest of 7,390 lots.
Most active near August contract too moved up by Rs 43, or 1.18 per cent to Rs 3,673 per quintal, in an open interest of 2,29,780 lots.
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