Mustard seed futures down on weak spot cues

Image
Press Trust of India New Delhi
Last Updated : Dec 11 2017 | 1:25 PM IST
Mustard seed prices rolled down by Rs 23 to Rs 3,992 per quintal in futures trading today after operators cut down their holdings in line with weak physical markets.
At the National Commodity and Derivative Exchange, mustard seed for delivery in January dropped by Rs 23 or 0.57 per cent to Rs 3,992 per quintal, having an open interest of 36,720 lots.
The delivery for December also followed suit slipped by Rs 19 or 0.48 per cent to Rs 3,932 per quintal, clocking an open interest of 9,760 lots.
Marketmen said offloading of positions by participants amid a muted trends at the spot markets on constant supplies amid weak demand, dragged mustard seed prices at futures trade here.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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

More From This Section

First Published: Dec 11 2017 | 1:25 PM IST

Next Story