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Mustard seed futures rise on physical demand

Press Trust of India  |  New Delhi 

seed prices showed a moderate fall of Rs 5 at Rs 4,141 per in futures trade today as traders reduced holdings amid lower demand in the spot markets.

Marketmen attributed the fall in seed futures to reduced demand from oil mills, triggered by ample stocks in the spot markets.

At the National Commodity and Derivatives Exchange, seed for September dropped by Rs 5, or 0.12 per cent, to Rs 4,141 per quintal, clocking an open interest of 1,05,850 lots.

Also, the delivery for August went down by Rs 4, or 0.10 per cent, to Rs 4,093 per quintal, having an open interest of 51,910 lots.

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

First Published: Wed, August 08 2018. 13:25 IST