Mustard seed futures rise on restricted supplies

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Press Trust of India New Delhi
Last Updated : Jan 07 2020 | 2:25 PM IST

Mustard seed prices on Tuesday rose by Rs 39 to Rs 4,515 per quintal in futures trade as speculators raised their bets amid limited supplies.

Marketmen said restricted arrivals from growing belts and demand from oil mills in spot market mainly lifted mustard seed prices here.

On the National Commodity and Derivatives Exchange, mustard seed for January delivery rose by Rs 39, or 0.87 per cent, to Rs 4,515 per quintal with an open interest of 11,450 lots.

Similarly, mustard seed for February delivery gained Rs 16, or 0.36 per cent, to Rs 4,494 per quintal with an open interest of 10,760 lots.

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First Published: Jan 07 2020 | 2:25 PM IST

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