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Mustardseed prices strengthened by Rs 34 to Rs 3,755 per quintal in futures trade today on speculative buying guided by firm spot markets sentiment.
Marketmen said strong demand from oil and vanaspati making units due to ongoing festive season mainly led the rise here in futures prices of mustardseed.
At the National Commodity and Derivatives Exchange, mustardseed for December contract hardened by Rs 34, or 0.91%, to Rs 3,755 per quintal in open interest of 19,370 lots.
Current October contract rose by Rs 29, or 0.81%, to Rs 3,600 per quintal in open interest of 4,470 lots.
Most active near November contract improved by Rs 26, or 0.71%, to Rs 3,694 per quintal in 44,550 lots.
