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Mustard seed prices rose by Rs 51 to Rs 4,249 per quintal in futures trade on Wednesday 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 51, or 1.21 per cent, to Rs 4,249 per quintal in an open interest of 39,830 lots.
Similarly, the delivery for December gained by Rs 37, or 0.88 per cent, to Rs 4,255 per quintal with an open interest of 17,670 lots.
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