Mustard seed prices eased 0.08 per cent to Rs 3,966 per quintal in futures trade on Thursday amid cutting down of positions by participants taking muted cues from the physical markets.
At the National Commodity and Derivatives Exchange, mustard seed contracts for October delivery fell by Rs 3, or 0.08 per cent, to Rs 3,966 per quintal in a business turnover of 65,300 lots.
Similarly, mustard seed contracts for November delivery declined by Rs 4, or 0.1 per cent, to Rs 4,010 per quintal in a business turnover of 22,930 lots.
Market analysts attributed the fall in mustard seed prices to off-loading of bets by investors due to ample stocks.
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