Commodity course: Weakness in castor seed price for short term only, buy June futures to make 10% profit - Business News, Finance News, Share Market News - Market trendz

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Tuesday, 26 April 2022

Commodity course: Weakness in castor seed price for short term only, buy June futures to make 10% profit

The demand-supply balance sheet remains bullish for castor seed from a broader perspective. The estimated consumption for 2021-2022 is around 19-20 lakh tonnes (LT). For the same period the expected production plus the carry over inventory may be just near to 20-21 LT, meaning a tight supply situation.

from Commodities-Markets-Economic Times
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