NEW DELHI, June 12: Castorseed prices flared up further
by Rs.83 to Rs.4,063 per quintal in future trading today following
renewed buying by traders, driven by firm spot as well as overseas
markets sentiment.
Marketmen said strong industrial demand along with restricted supply in physical markets, mainly kept the prices in green zone.
Hike in export demand one of the major reason behind price fluctuations here in castorseed prices, they quoted.
At the National Commodity and Derivatives Exchange platform,
castorseed prices for current June month contract spurted again
by Rs.83, or 2.09 per cent to Rs.4,063 per quintal, with an open interest of 7,710 lots.
Most active near October month contract too remained in keen demand and shot up by Rs.54, or 1.29 per cent to Rs.4,234 per quintal, having an open interest of 2,36,440 lots. (PTI)
Follow our WhatsApp channel