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Mustard seed futures gain on spot sentiments

Press Trust of India  |  New Delhi 

seed prices looked up by Rs 26 to Rs 4,129 per in futures trade today as traders enhanced exposures buoyed by robust physical market sentiments.

Market players said, tracking positive spot markets sentiment, where prices were higher due to tight arrivals and gearing up in demand for oil mill, mainly gave upward movements to the seed futures prices.

At the National Commodity and Derivatives Exchange, seed delivery for the most traded second contract August rose by Rs 26 or 0.63 per cent to Rs 4,129 per quintal, with an open interest of 1,11,310 lots.

Likewise, the delivery of the first contract July advanced by Rs 19 or 0.47 per cent to Rs 4,075 per quintal, clocking an open interest of 44,450 lots.

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

First Published: Mon, July 09 2018. 12:55 IST