NEW DELHI, July 31: Castor seed prices went up by Rs 11 to Rs 4,684 per quintal in the futures trade today following raising of bets by participants amid optimistic physical markets stance.
Marketmen said traders were building up positions in tandem with upbeat physical markets cues, which pushed the castor seed futures prices northward side.
In the spot market, gearing up in demand for soap, paint and lubricant industries amid a pause in supplies held the prices upward, they said.
At the National Commodity and Derivative Exchange counter, castor seed delivery for September gained Rs 11 or 0.24 per cent to Rs 4,684 per quintal, clocking an open interest of 82,690 lots.
Likewise, the delivery for August advanced by Rs 7 or 0.15 per cent to Rs 4,650 per quintal, with a business turnover of 70,020 open lots. (PTI)
Trending Now
E-Paper
Follow our WhatsApp channel