Tuesday 27 January 2015

CASTOR SEED & PALM OIL PRICES DOWN BY 2%


MCX crude palm oil, Castor seed NCDEX, agri commdity tips, free agri calls, Future Trading TipsCASTOR SEED prices declined by Rs 98 to Rs 4,110 per quintal in the futures trading today following trimming of positions by traders amid weak cues from spot as well as overseas markets.
At NCDEX castor seed prices for February fell by Rs 98, or 2.33%, to Rs 4,110 per quintal in an open interest of 1,08,610 lots.
March contracts dipped by Rs 98, or 2.30%, to Rs 4,156 per quintal in an open interest of 66,720 lots.
PALM OIL prices fell by 2.25% to Rs 430.60 per 10 kg in futures trading today as speculators trimmed positions amid a weak trend at spot market on sluggish demand.
MCX crude palm oil for delivery in February fell by Rs 9.90, or 2.25%, to Rs 430.60 per 10 kg in a business turnover of 244 lots.
oil for delivery in January traded lower by Rs 9.40, or 2.16%, to Rs 425.20 per 10 kg in 70 lots.

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