Restricted arrivals lift castor seed future 26/12/2014

Restricted arrivals lift castor seed future
26/12/2014 12:56
Castorseed prices rose by 1.79 per cent on Friday 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. 5,291 per quintal, up by 1.79 per cent, after opening at Rs. 5,250 against the previous closing price of Rs. 5,198. It touched the intra-day high of Rs. 5,340 till the trading. (At 12.57 PM today)