NEW DELHI, Apr 27: Castor seed priced came down by Rs 30 to Rs 4,063 per quintal in futures trade today as participants booked profits at current levels amid a weak trend at the spot markets.
Marketmen said a subdued trend at the spot markets due to absence of demand from consuming industries such as soap and paint against ample stocks on increased supplies from producing belts, profit-booking, led to the fall in castor seed prices at futures trade here.
At the National Commodity and Derivatives Exchange, castor seed for the most-traded delivery in May contracts was trading lower by Rs 30 or 0.73 per cent to Rs 4,063 per quintal, having an open interest of 66,300 lots.
Castor seed for delivery in June too slipped by Rs 27 or 0.65 per cent to Rs 4,113 per quintal, with a business turnover in 38,600 open lots. (PTI)
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