Castor seed rises on restricted arrivals and increased demand
24/12/2014 14:40
Castorseed prices rose by 3.62 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the rise in demand from consuming industries against restricted arrivals in domestic markets which in turn encouraged the investors to enlarge their holdings.
At the NCDEX, castor seed futures for January 2015 contract were trading at Rs. 5,180 per quintal tonnes, up by 3.62 per cent, after opening at Rs. 5,017 against the previous closing price of Rs. 4,999. It touched the intra-day high of Rs. 5,195 till the trading. (At 02.43 PM today)
24/12/2014 14:40
Castorseed prices rose by 3.62 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the rise in demand from consuming industries against restricted arrivals in domestic markets which in turn encouraged the investors to enlarge their holdings.
At the NCDEX, castor seed futures for January 2015 contract were trading at Rs. 5,180 per quintal tonnes, up by 3.62 per cent, after opening at Rs. 5,017 against the previous closing price of Rs. 4,999. It touched the intra-day high of Rs. 5,195 till the trading. (At 02.43 PM today)
