Mustardseed prices rose by Rs 12 to Rs 3,860 per quintal in futures trading today as speculators enlarged positions amid a firm trend at the spot markets.
Marketmen said raising of bets by participants following a firm trend at the spot markets on increased demand, mainly led to the rise in mustardseed prices at futures trade.
At the National Commodity and Derivative Exchange, mustardseed for delivery in April advanced by Rs 12, or 0.31 per cent, to Rs 3,860 per quintal, revealing an open interest of 43,400 lots.
On similar lines, mustardseed for delivery in far-month May also improved by Rs 9, or 0.23 per cent, to Rs 3,912 per quintal, in an open interest of 15,560 lots.
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