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Mustard seed futures improve on spot demand

Press Trust of India  |  New Delhi 

seed prices were up by Rs 23 to Rs 4,186 per in futures trading today as traders preferred to elaborate holdings on the back of upbeat physical market sentiment.

Marketmen said robust trend at spot markets on tight stock position amid high demand for oil mills, mainly pushed up the seed futures prices.

At the National Commodity and Derivatives Exchange, seed delivery for May was up by Rs 23 or 0.55 per cent to Rs 4,186 per quintal, having an open interest of 7,050 lots.

The delivery for the most active April month also advanced by Rs 21 or 0.51 per cent to Rs 4,144 per quintal, revealing an open interest of 30,380 lots.

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

First Published: Mon, February 12 2018. 12:40 IST