Spot demand lifts mustardseed futures by Rs 33 a qtl

Image
Press Trust of India New Delhi
Last Updated : Jun 27 2017 | 12:48 PM IST
Mustardseed prices were higher by Rs 33 to Rs 3,536 per quintal in futures trading today as participants widened their holdings, tracking a firm trend at the physical markets.
Marketmen said raising of bets by participants, driven by a firm trend at the physical markets largely on thin arrivals against increased buying by oil mills in spot markets, mainly buoyed uptrend here in future trading.
At the National Commodity and Derivative Exchange, mustardseed for delivery in July was trading higher by Rs 33 or 0.94 per cent to Rs 3,536 per quintal, in an open interest of 62,040 lots.
Mustardseed for delivery in far-month August also rose by Rs 33 or 0.93 per cent to Rs 3,578 per quintal, depicting an open interest of 25,290 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: Jun 27 2017 | 12:48 PM IST

Next Story