Advertisement
Friday, Oct 22, 2021
Outlook.com
Outlook.com

Castor seed futures gain on spot demand

Castor seed futures gain on spot demand
outlookindia.com
1970-01-01T05:30:00+0530

New Delhi, Sep 22 (PTI) Castor seed registered a rise of Rs 20 to Rs 4,741 per quintal in its prices at futures trade today as operators raised their bets supported by strong industrial demand in the spot markets.

At the National Commodity and Derivative Exchange, castor seed for the November delivery contracts advanced by Rs 20 or 0.42 per cent to Rs 4,741 per quintal, in an open interest of 37,410 lots.

The most-traded delivery in October too was trading higher by Rs 17 or 0.37 per cent to Rs 4,657 per quintal, depicting an open interest of 82,770 lots.

According to marketmen, the rise in castor seed futures prices was attributed to brisk demand from print, soap and other consuming industries.

Besides, tight supplies in spot markets too supported the upward march, they said.


Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: PTI

More from Website

Dominating Australian Batters In Their Own Backyard Was Huge, Says Smriti Mandhana

Dominating Australian Batters In Their Own Backyard Was Huge, Says Smriti Mandhana

India lost the series 5-11 after going down in the white-ball leg and drawing the lone Test. Mandhana also scored his maiden Test hundred.

Sensex Jumps Over 200 Points In Early Trade, Nifty above 18,240. HDFC Top Gainer, Followed By Titan, PowerGrid, Bajaj Auto

Sensex Jumps Over 200 Points In Early Trade, Nifty above 18,240. HDFC Top Gainer, Followed By Titan, PowerGrid, Bajaj Auto

The 30-share index was trading 207.09 points or 0.34 per cent higher at 61,130.59 in initial deals. Similarly, the Nifty advanced 65.65 points or 0.36 per cent to 18,243.75.

Prop Gun Fired By Alec Baldwin On ‘Rust’ Sets Kills Cameraperson And Critically Injures Director

Prop Gun Fired By Alec Baldwin On ‘Rust’ Sets Kills Cameraperson And Critically Injures Director

US actor Alec Baldwin fatally shot cameraperson Halyna Hutchins and director Joel Souza on the set of ‘Rust’.

More from Outlook Magazine

An Unfolding Dalit Movement In Tamil Nadu Has Escaped Nation’s Attention

An Unfolding Dalit Movement In Tamil Nadu Has Escaped Nation’s Attention

Poet and activist Meena Kandasamy visits ground zero of the grassroots movement down South to understand the caste divide in the state.

India Needs A Caste Census To Know Where The Marginalised Stand In The Development Index

India Needs A Caste Census To Know Where The Marginalised Stand In The Development Index

The aim of a caste census is not to know the numerical strength of a caste. Rather, it would reveal social inequalities for possible remedial measures.

Lakhimpur Kheri: Heartbreak And Tears As Families Try To Cope With Personal Grief

Lakhimpur Kheri: Heartbreak And Tears As Families Try To Cope With Personal Grief

Kin of killed farmers, BJP members have the same demand—justice for the dead.

Advertisement

Outlook Newsletters

Advertisement
Advertisement