CASTORSEED SHEDS 1.8% ON SLUGGISH DEMAND

Castorseed futures traded lower by Rs 81 to Rs 4,340 per quintal in the national capital today amid a weak trend at spot markets due to slackened demand at prevailing levels.
At the National Commodity and Derivatives Exchange, castorseed prices for October contracts tumbled Rs 81, or 1.83 per cent to Rs 4,340 per quintal and open interest stood at 110 lots.
Castorseed for delivery in July lost Rs 59, or 1.42 per cent to Rs 4,102 per quintal, with an open interest of 2,04,900 lots.
June delivery shed Rs 56, or 1.39 per cent to Rs 3,980 per quintal, having an open interest of 12,430 lots.

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CASTORSEED UP 0.9% DRIVEN BY SPOT DEMAND

Castorseed prices were up by Rs 36 to Rs 4,140 per quintal in futures trade today after participants ramped up positions, tracking strong demand in the spot market.
At the National Commodity and Derivatives Exchange, castorseed for delivery in July contracts edged higher by Rs 36, or 0.87 per cent, to Rs 4,140 per quintal, with an open interest of 1,61,170 lots.
On similar lines, delivery in June contracts gained Rs 29, or 0.73 per cent, to Rs 4,026 per quintal, clocking an open interest of 1,04,650.
CapitalStars is a research house and an investment advisory company carrying out operations in the Indian Equities and commodity market. CapitalStras also ave-liable on Twitter , linkedin and facebook .Get real time advice for Agri Commodity Tips ,  Commodity free tips  , Commodity intraday tips , MCX Tips Services and all market updates. For 2 Days Free Trial, please visit our site http://www.capitalstars.com Call at 0731-6790000, 6669900.

CASTORSEED DOWN 0.8% ON SUBDUED DEMAND

CastorSeed prices fell by Rs 35 to Rs 3,902 per quintal in futures trade today after speculators trimmed positions triggered by higher output estimates and weak domestic as well as export demand.
NCDEX Castorseed for delivery in February dropped by Rs 35, or 0.89%, to Rs 3,902 per quintal with an open interest in 50,810 lots.
Also, March contracts moved down by Rs 22, or 0.55%, to Rs 3,951 per quintal, having an open interest of 83,660 lots.

CASTOR SEED & PALM OIL PRICES DOWN BY 2%

CASTOR SEED prices declined by Rs 98 to Rs 4,110 per quintal in the futures trading today following trimming of positions by traders amid weak cues from spot as well as overseas markets.

At NCDEX castor seed prices for February fell by Rs 98, or 2.33%, to Rs 4,110 per quintal in an open interest of 1,08,610 lots.

March contracts dipped by Rs 98, or 2.30%, to Rs 4,156 per quintal in an open interest of 66,720 lots.

PALM OIL prices fell by 2.25% to Rs 430.60 per 10 kg in futures trading today as speculators trimmed positions amid a weak trend at spot market on sluggish demand.

MCX crude palm oil for delivery in February fell by Rs 9.90, or 2.25%, to Rs 430.60 per 10 kg in a business turnover of 244 lots.

oil for delivery in January traded lower by Rs 9.40, or 2.16%, to Rs 425.20 per 10 kg in 70 lots.

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