Castor seed futures extended their losses on NCDEX due to selling pressure from bear operators. However, lower production estimation of the commodity in India as well as strong stockists buying and export demand limited the losses to some extent.
The contract for May delivery was trading at Rs 4008.00, down by 0.12% or Rs 5.00 from its previous closing of Rs 4013.00. The open interest of the contract stood at 22700.00 lots.
The contract for June delivery was trading at Rs 4067.00, down by 0.10% or Rs 4.00 from its previous closing of Rs 4071.00. The open interest of the contract stood at 162730.00 lots on NCDEX.
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