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Mustard seed futures rise on firm demand

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Press Trust of India New Delhi

Mustard seed prices rose by Rs 10 to Rs 4,281 per quintal in futures trade on Friday as speculators raised their bets amid limited supplies.

Marketmen said apart from restricted arrivals from growing belts, demand from oil mills at the spot market mainly lifted mustard seed prices here.

At the National Commodity and Derivative Exchange, mustard seed for delivery in November rose by Rs 10, or 0.23 per cent, to Rs 4,281 per quintal in an open interest of 41,330 lots.

Similarly, the delivery for December gained by Rs 11, or 0.

 

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First Published: Oct 25 2019 | 1:50 PM IST

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