Castor seed futures traded lower on NCDEX on the back of weak spot markets sentiment due to selling pressure from bear operators. Further, ample supply from growing regions in spot markets as well as strong production estimates also weighed on the commodity prices.
The contract for May delivery was trading at Rs 3990.00, down by 0.15% or Rs 6.00 from its previous closing of Rs 3996.00. The open interest of the contract stood at 58840.00 lots.
The contract for June delivery was trading at Rs 4051.00, down by 0.12% or Rs 5.00 from its previous closing of Rs 4056.00. The open interest of the contract stood at 137730.00 lots on NCDEX.
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