Mustardseed futures up on positive spot cues

Image
Press Trust of India New Delhi
Last Updated : Nov 15 2018 | 3:30 PM IST

Mustard seed prices were higher by 0.24 per cent, to Rs 4,183 per quintal in futures trade on Thursday on accumulation of positions amid higher physical sentiments.

Marketmen attributed the uptick in mustard seed futures prices to pick-up in demand for oil mills amid tight arrivals from producing belts in physical markets.

At the National Commodity and Derivatives Exchange, mustard seed delivery for December advanced by Rs 10, or 0.24 per cent, to Rs 4,183 per quintal, having an open interest of 46,790 lots.

Also, the delivery in January also moved by Rs 2,or 0.05 per cent, to Rs 4,220 per quintal in 5,060 lots.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 15 2018 | 3:30 PM IST

Next Story