Mustardseed prices recovered by Rs 19 to Rs 4,245 per quintal in future trading today following emergence of buying by speculators, driven by rising demand at the spot market.
At the National Commodity and Derivatives Exchange, mustardseed for delivery in most-active October contracts improved by Rs 19, or 0.45 per cent, to Rs 4,245 per quintal, clocking an open interest of 70,790 lots.
On similar lines, November delivery also increased by Rs 18, or 0.42 per cent, to Rs 4,340 per quintal, having an open interest of 30,380 lots.
Marketmen said that apart from a firm trend at the spot market on rising demand, fall in arrivals from growing regions influenced mustardseed prices.
