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Mustard seed futures gain on fresh bets

Press Trust of India  |  New Delhi 

Mustard seed prices on Thursday rose by Rs 11 to Rs 4,062 per quintal in futures trade as speculators raised their bets amid limited supplies.

Marketmen said apart from restricted arrivals from growing belts demand from oil mills in spot market mainly lifted mustard seed prices here.

On the National Commodity and Derivatives Exchange, mustard seed for delivery in February rose by Rs 11, or 0.27 per cent, to Rs 4,062 per quintal with an open interest of 2,880 lots.

Similarly, the delivery for April gained Rs 7, or 0.17 per cent, to Rs 4,061 per quintal with an open interest of 17,590 lots.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, February 13 2020. 14:04 IST