Mustard seed prices eased further by Rs 16 to Rs 3,850 per quintal in futures trade today on offloading of positions by participants.
Marketmen said cutting of bets by speculators amid reports of good crop weighed on mustard seed prices at futures trade here.
At the National Commodity and Derivative Exchange, mustard seed for delivery in current month moved down by Rs 16, or 0.41 per cent, to Rs 3,850 per quintal with an open interest of 9,670 lots.
Mustard seed for February contracts delivery also fell Rs 11, or 0.27 per cent, to Rs 4,082 per quintal in an open interest of 41,890 lots.
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