Castorseed futures slip on selling pressure
Marketmen said tracking weak physical markets cue on increased arrivals and slackness in demand, speculators indulged in booking profits.
By PTI | Updated:
NEW DELHI: Castorseed prices fell by Rs 46 to Rs 3,578 per quintal in future trade today on speculators selling in line with weak physical markets cue.
Marketmen said tracking weak physical markets cue onincreased arrivals and slackness in demand, speculators indulged in booking profits.
At the National Commodity and Derivatives Exchange, castorseed for August contract dipped by Rs 46, or 1.27 per cent to Rs 3,578 per quintal in open interest of 15,720 lots.
Most active June contract plunged by Rs 41, or 1.19 per cent, to Rs 3,392 per quintal, having an open interest of 1,54,800 lots.
Current May contract also looked down by Rs 36, or 1.08 per cent to Rs 3,287 per quintal in 20,270 lots.
Marketmen said tracking weak physical markets cue onincreased arrivals and slackness in demand, speculators indulged in booking profits.
At the National Commodity and Derivatives Exchange, castorseed for August contract dipped by Rs 46, or 1.27 per cent to Rs 3,578 per quintal in open interest of 15,720 lots.
Most active June contract plunged by Rs 41, or 1.19 per cent, to Rs 3,392 per quintal, having an open interest of 1,54,800 lots.
Current May contract also looked down by Rs 36, or 1.08 per cent to Rs 3,287 per quintal in 20,270 lots.
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