Castor seed futures extended their losses on NCDEX due to profit-booking driven by weak spot market demand. Furthermore, strong arrivals in local mandies coupled with limited demand by castor oil traders also impacted the trading sentiments.
The contract for June delivery was trading at Rs 3825.00, down by 0.98% or Rs 38.00 from its previous closing of Rs 3863.00. The open interest of the contract stood at 160170.00 lots.
The contract for July delivery was trading at Rs 3928.00, down by 0.73% or Rs 29.00 from its previous closing of Rs 3957.00. The open interest of the contract stood at 159720.00 lots on NCDEX.
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