Mustard seed prices extended gains by Rs 32 to Rs 3,987 per quintal in futures trading today as participants indulged in expanding exposures in tandem with firm physical markets.
Market players said, operators were building up their long positions on the back of strong physical markets, which led to the constant rise in prices in futures trading.
At the National Commodity and Derivatives Exchange, mustard seed delivery for April hardened further by Rs 32, or 0.81 per cent, to Rs 3,987 per quintal, with an open interest of 37,430 lots.
In a similar manner, the delivery for May gained Rs 25, or 0.62 per cent, to Rs 4,038 per quintal, having an open interest of 30,110 lots.
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