Castorseed futures fell on selling pressure

NEW DELHI, Aug 20:  Castorseed prices declined by Rs.53 to Rs.3,396 per quintal in future trade today due to profit-booking driven by weak spot market demand.
Marketmen said a weakening tend in spot market advised speculators to book-profit at existing higher levels.
At the National Commodity and Derivatives Exchange, castorseed prices for September contract lost Rs.53, or 1.54 per cent to Rs.3,396 per quintal, with an open interest of 1,70,670 lots.
Near October contract also slipped by Rs.52, or 1.47 per cent to Rs.3,481 per quintal, having an open interest of 34,570 lots. (PTI)