Don’t miss the latest developments in business and finance.

Mustardseed improves 0.6% on high buying

Rising prices of other edible oils too supported the trade

Image
Press Trust of India New Delhi
Last Updated : Jan 31 2013 | 2:41 PM IST

Mustardseed futures for June improved by Rs 22 or 0.62% to Rs 3,550 per quintal in 830 lots.

At the National Commodity and Derivatives Exchange (NCDEX), the April contract rose by Rs 16 or 0.46% to Rs 3,465 per quintal in 53,970 lots.

Increased buying, firm spot market sentiment supported the trade.

Restricted supply and rising physical market demand also helped the trade to gain.

Rising prices of other edible oils too aided the trading sentiments to some extent.

More From This Section

First Published: Jan 31 2013 | 2:41 PM IST

Next Story