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Mustard seed futures rise amid limited supplies

Press Trust of India  |  New Delhi 

Mustard seed prices on Friday rose by Rs 2 to Rs 4,390 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 at spot market mainly lifted mustard seed prices here.

On the National Commodity and Derivatives Exchange, mustard seed for delivery in December rose Rs 2, or 0.05 per cent, to Rs 4,390 per quintal with an open interest of 18,660 lots.

Similarly, the delivery for January gained Rs 3, or 0.07 per cent, to Rs 4,429 per quintal with an open interest of 9,990 lots.

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

First Published: Fri, December 06 2019. 13:55 IST
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