 "Mustardseed up 1.3% on renewed buying")
Mustardseed prices rose by Rs 48 to Rs 3,732 per quintal in futures trading today following sustained buying by traders in tandem with firm physical market sentiments.
Marketmen said strong demand in spot markets for the ongoing "Navratra" festivals mainly encouraged traders to build long positions.
At the National Commodity and Derivatives Exchange, mustardseed for January contract advanced by Rs 48, or 1.30%, to Rs 3,732 per quintal in an open interest of 2,900 lots.
Current October contract also added Rs 18, or 0.51%, to Rs 3,549 per quintal in 10,830 lots.
Marketmen said strong demand in spot markets for the ongoing "Navratra" festivals mainly encouraged traders to build long positions.
At the National Commodity and Derivatives Exchange, mustardseed for January contract advanced by Rs 48, or 1.30%, to Rs 3,732 per quintal in an open interest of 2,900 lots.
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Most active near November contract rose by Rs 44, or 1.22%, to Rs 3,646 per quintal, with an open interest of 38,480 lots.
Current October contract also added Rs 18, or 0.51%, to Rs 3,549 per quintal in 10,830 lots.