Business Standard

Mustard seed futures jump 1.25 pc on spot demand

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Press Trust of India New Delhi
Mustard seed prices on Monday rose by Rs 58 to Rs 4,680 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 January rose by Rs 58, or 1.25 per cent, to Rs 4,680 per quintal with an open interest of 19,620 lots.
Similarly, the delivery for February gained Rs 106, or 2.31 per cent, to Rs 4,694 per quintal with an open interest of 7,130 lots.

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First Published: Dec 30 2019 | 1:40 PM IST

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