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Thursday, 27 August 2015

Castor Futures May Test 3950 In The Short Term



nmiddot;Cash market traded under pressure due to fear of lower oil demand in the weeks ahead. Chinese demand may dip from current level. Besides, bears remain active in futures that have weakened inner tone. Futures may test 3950 level in the short term. However, improvement in seed market may be seen by the end of the month as coverage area has dropped considerably so far.

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