Mustard seed prices looked up by Rs 26 to Rs 4,129 per quintal in futures trade today as traders enhanced exposures buoyed by robust physical market sentiments.
Market players said, tracking positive spot markets sentiment, where prices were higher due to tight arrivals and gearing up in demand for oil mill, mainly gave upward movements to the mustard seed futures prices.
At the National Commodity and Derivatives Exchange, mustard seed delivery for the most traded second contract August rose by Rs 26 or 0.63 per cent to Rs 4,129 per quintal, with an open interest of 1,11,310 lots.
Likewise, the delivery of the first contract July advanced by Rs 19 or 0.47 per cent to Rs 4,075 per quintal, clocking an open interest of 44,450 lots.
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