Mustard seed futures drop further on weak cues

Image
Press Trust of India New Delhi
Last Updated : Mar 13 2018 | 12:45 PM IST
Mustard seed prices slipped by Rs 21 to Rs 4,161 per quintal in futures trade today on subdued market sentiment.
Market players said mounting of stocks on supplies of new crops from growing belts amid limited offtake by oil mills, led to the decline.
At the National Commodity and Derivative Exchange, mustard seed delivery for May contract moved down further by Rs 21 or 0.50 to Rs 4,161 per quintal, revealing an open interest of 17,850 lots.
Similarly, delivery of the most traded April month went down by Rs 18 or 0.44 per cent to Rs 4,119 per quintal, with an open interest of 41,630 lots.

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: Mar 13 2018 | 12:45 PM IST

Next Story