 "Mustardseed down 1.3% on profit booking, mounting stocks")
Mustardseed prices fell by 1.33% to Rs 3,565 per quintal in futures trading today owing to profit booking at prevailing higher levels against weak spot markets sentiment.
Marketmen said higher arrivals and reduced offtake by oils mills at existing higher levels in physical markets mainly put pressure on mustardseed prices.
At the National Commodity and Derivatives Exchange, mustardseed for July contract declined by Rs 48, or 1.33% to Rs 3,565 per quintal in an open interest of 6,350 lots.
Most active May contract prices fell by Rs 38, or 1.08% to Rs 3,473 per quintal, depicting an open interest of 88,970 lots.
Marketmen said higher arrivals and reduced offtake by oils mills at existing higher levels in physical markets mainly put pressure on mustardseed prices.
At the National Commodity and Derivatives Exchange, mustardseed for July contract declined by Rs 48, or 1.33% to Rs 3,565 per quintal in an open interest of 6,350 lots.
Most active May contract prices fell by Rs 38, or 1.08% to Rs 3,473 per quintal, depicting an open interest of 88,970 lots.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%