EPIC RESEARCH NCDEX CASTOR SEED UPDATE OF 13 MAY 2015

Castorseed prices rose by 0.73 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 May 2015 contract were trading at Rs. 3,708 per quintal tonnes, up by 0.73 per cent, after opening at Rs. 3,711 against the previous closing price of Rs. 3,681. It touched the intra-day high of Rs. 3,720 till the trading. (At 12.15 PM today). Castor is a non-edible oilseed crop; basically a cash crop, with average 46 per cent oil recovery.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co