Castor seed futures traded lower on NCDEX on the back of weakening trend in spot market advised speculators to book-profit at existing higher levels. Further, heavy ready stocks position on regular supply from growing regions against slackness in demand in physical markets too supported the downside.
The contract for November delivery was trading at Rs 4695.00, down by 0.21% or Rs 10.00 from its previous closing of Rs 4705.00. The open interest of the contract stood at 53590.00 lots.
The contract for December delivery was trading at Rs 4802.00, down by 0.19% or Rs 9.00 from its previous closing of Rs 4811.00. The open interest of the contract stood at 324980.00 lots on NCDEX.
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