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Mustardseed prices declined by Rs 24 to Rs 3,512 per quintal in futures trade today owing to profit booking at prevailing higher levels, guided by weak domestic spot markets sentiment.
Marketmen said higher arrivals and profit selling by oil mills at existing higher levels in physical markets mainly put pressure on prices.
At the National Commodity and Derivatives Exchange, mustardseed for September declined by Rs 24, or 0.68% to Rs 3,512 per quintal, witnessing an open interest of 67,580 lots.
Near October contract fell by Rs 21, or 0.59% to Rs 3,547 per quintal, depicting an open interest of 31,210 lots.
