Castorseed prices fell by 0.78 per cent on Monday at the National
Commodity & Derivatives Exchange Limited (NCDEX) as a result of
fresh supply of the commodity in the major mandies as well as strong
production estimates. At the NCDEX, castor seed futures for April 2014
contract was trading at Rs. 4,183 per quintal tonnes, down by 0.78 per
cent, after opening at Rs. 4,225 against the previous closing price of
Rs. 4,216.
It touched the intra-day low of Rs. 4,174 till the trading. (At 12.20 PM today). Castor oil, extracted from castor seed is the largest vegetable oil exported out of India. India is the biggest exporter of castor oil holding about 70 per cent share of the international trade in this commodity followed by China & Brazil.
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It touched the intra-day low of Rs. 4,174 till the trading. (At 12.20 PM today). Castor oil, extracted from castor seed is the largest vegetable oil exported out of India. India is the biggest exporter of castor oil holding about 70 per cent share of the international trade in this commodity followed by China & Brazil.
Free commodity tips on your mobile with 95% accuracy and earn 90% more profit in India stock market and indian commodity market. For More call on +91-731-6669900; 09907222727
http://www.capitalstars.com/services.php
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