Castor seed futures edge down on higher arrivals
Castor seed futures edged down on NCDEX, due to higher arrivals in the physical market from the major producing states such as Gujarat and Andhra Pradesh. Besides, subdued domestic as well as export demand also put pressure on Castor seed prices.
The contract for January delivery was trading at Rs 6510.00 down by 0.85% or Rs 56.00 from its previous closing of Rs 6,566.00. The open interest of the contract stood at 6,950 lots.
The contract for February delivery was trading at Rs 6580.00 down by 0.72% or Rs 48.00 from its previous closing of Rs 6,628.00. The open interest of the contract stood at 19,760 lots on NCDEX.
