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Mustardseed futures up on increased buying

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Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 5:24 AM IST

Mustardseed prices gained by Rs 3.20 to Rs 555 per 20 kg in futures trading on speculative buying in line with higher spot markets sentiment. 

Marketmen said pick up in demand from edible oil-making industries against halt in supply, pushed up the mustardseed prices in futures trade.

At the National Commodity and Derivatives Exchange platform, mustardseed prices for January-month contract went up by Rs 3.20, or 0.58 per cent, to Rs 555 per 20 kg, with an open interest of 8,640 lots.

Current October-month contract also moved up by Rs 2.15, or 0.40 per cent, to Rs 537 per 20 kg, clocked an open interest of 90,990 lots.

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First Published: Oct 07 2010 | 5:08 PM IST

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