Tuesday 3 June 2014

Castor seed futures trade up on improved demand

Castor seed futures traded up on NCDEX due to speculative buying at lower level. Further, rise in demand from consuming industries against restricted arrivals in domestic markets which in turn encouraged the investors to enlarge their holdings too supported the upside.
The contract for June delivery was trading at Rs 3890.00, up by 0.15% or Rs 6.00 from its previous closing of Rs 3884.00. The open interest of the contract stood at 90110.00 lots.
The contract for July delivery was trading at Rs 4000.00, up by 0.10% or Rs 4.00 from its previous closing of Rs 3996.00. The open interest of the contract stood at 180440.00 lots on NCDEX.

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