Mustardseed prices rose by Rs 30 to Rs 2,948 per quintal in futures trading today on firming spot market sentiment.
Marketmen said restricted supply and pick up in demand at physical market, mainly influenced the trading sentiment here in futures price of mustardseed.
Better offtake by oil mills and vanaspati ghee making industries also helped to boost the trading sentiment, they quoted.
At the National Commodity and Derivatives Exchange, mustardseed prices for April contract rose by Rs 30, or 1.03 per cent, to Rs 2,948 per quintal, clocked an open interest 85,860 lots.
The contract for delivery in May too gained by Rs 28, or 0.94 per cent, to Rs 2,991 per quintal, with an open interest of 74,520 lots.
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