Mustard seed futures fall on profit booking
Mustard seed prices fell by Rs 9 to Rs 3,928 per quintal in futures trade on Thursday after participants off-loaded their positions to book profits.
Marketmen said trimming of positions by traders to log in gains at current levels, mainly dragged down mustard seed prices in futures trade.
On the National Commodity and Derivatives Exchange, mustard seed contracts for August delivery eased by Rs 9, or 0.23 per cent, to Rs 3,928 per quintal, in an open interest of 60,950 lots.
Mustard seed contracts for September delivery also shed Rs 2, or 0.05 per cent, to Rs 3,948 per quintal, with an open interest of 31,850 lots.
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