Mustard seed prices went up by Rs 9 to Rs 4,090 per quintal in futures trade today as speculators widened holdings in tandem with strong demand at the spot markets.
Marketmen said raising of bets by investors, taking positive leads from the spot markets on strong demand from oil mills against fall in supplies from growing belts, mainly supported the upside in mustard seed futures prices.
At the National Commodity and Derivatives Exchange, mustard seed for delivery in October contracts marked higher by Rs 9 or 0.22 per cent to Rs 4.090 per quintal with an open interest of 34,840 lots.
The most-active delivery in September contracts inched up by Rs 4 or 0.10 per cent to Rs 4,010 per quintal, with an open interest of 93,800 lots.
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