MUMBAI (Commodity Online) : Castor Seed futures fell Tuesday on profit booking by the traders due to sluggish demand in the spot markets.
In NCDEX castor seed January contract is trading at Rs.3925 per quintal, lower by 0.49 per cent against the previous close.
In the morning session the contract traded at a range of Rs.3880-4013.50 per quintal. Open interest of the contract so far is 4350 lots and volume traded is 3260 lots.
Marketmen said increased supply and reduced offtake by consuming industries in physical markets, put weight here on castorseed futures prices.