Castorseed up in futures trade on fresh buying

NEW DELHI, Jan 27: Castorseed prices higher by Rs 44 to Rs 4,331 per quintal in futures trading today on the back of fresh positions created by speculators at prevailing levels.
Marketmen said pick-up in demand and restricted supplies in spot markets mainly influenced castorseed prices at futures trade.
At the National Commodity and Derivatives Exchange counter, castorseed prices for delivery in far-month May delivery contracts hardened by Rs 44, or 1.03 per cent, to Rs 4,331 per quintal, with an open interest of 5,050 lots.
In similar manners, castorseed delivery in February moved up by Rs 31, or 0.76 per cent, to Rs 4,108 per quintal, clocking an open interest of 1,52,120 lots. (AGENCIES)

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