Tracking emerging spot markets lead, mustard seed prices rose by Rs 17 to Rs 3,977 per quintal in futures trade today after enhancing of holdings by the investors.
At the National Commodity and Derivatives Exchange counter, mustard seed delivery for the most active June hardened by Rs 17 or 0.43 per cent to Rs 3,977 per quintal, showing the business turnover of 1,06,820 open lots.
Also, the delivery for July edged up by Rs 16 or 0.40 per cent to Rs 4,018 per quintal, revealing an open interest of 51,830 lots.
According to market players, participants were indulged in making fresh positions in tune with tight supplies and pick up in demand for oil mills in spot markets, which drove mustard seed futures prices upside.
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