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Mustard seed futures gain on positive cues

Press Trust of India  |  New Delhi 

Mustard seed prices on Tuesday rose by Rs 13 to Rs 4,362 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 December rose Rs 13, or 0.30 per cent, to Rs 4,362 per quintal with an open interest of 27,350 lots.

Similarly, the delivery for January gained Rs 11, or 0.25 per cent, to Rs 4,397 per quintal with an open interest of 6,250 lots.

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

First Published: Tue, December 03 2019. 13:45 IST