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Mustardseed futures surge Rs 38 per quintal

Press Trust of India  |  New Delhi 

Mustardseed prices spurted by Rs 38 to Rs 3,965 per quintal in futures trade today as participants created fresh positions amid a firm trend in physical markets.

Marketmen said, fresh positions created by participants, tracking a firm trend at the physical markets, mainly influenced mustardseed prices at futures trade.

At the National Commodity and Derivatives Exchange, mustardseed for delivery in May was trading higher by Rs 38 or 0.97 per cent, to Rs 3,965 per quintal, showing an open interest of 25,110 lots.

In a similar fashion, mustardseed for April delivery advanced by Rs 32, or 0.82 per cent, to Rs 3,915 per quintal, open interest stood at 33,680 lots.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, March 20 2017. 12:32 IST