Mustard seed futures gain on high demand

Mustard seed prices on Monday rose by Rs 2 to Rs 4,225 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 November rose by Rs 2, or 0.05 per cent, to Rs 4,225 per quintal in an open interest of 11,880 lots.

Similarly, the delivery for December gained by Rs 17, or 0.