 "Mustardseed up 1% on increased buying")
Mustardseed prices improved by Rs 35 to Rs 3,545 per quintal in future trading today following increased buying by traders in line with firm spot markets.
Marketmen said restricted supply and pick up in demand at physical markets mainly led the rise in futures prices.
Rise in other edible oils prices and higher demand from oil mills also helped to boost the trading sentiments, they said.
Near July contract also gained by Rs 37, or 1.01% to Rs 3,591 per quintal, with an open interest of 50,700 lots.
Marketmen said restricted supply and pick up in demand at physical markets mainly led the rise in futures prices.
Rise in other edible oils prices and higher demand from oil mills also helped to boost the trading sentiments, they said.
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At the National Commodity and Derivatives Exchange (NCDEX), the June contract hardened by Rs 35, or 1.00% to Rs 3,545 per quintal, open interest witnessing in 88,360 lots.
Near July contract also gained by Rs 37, or 1.01% to Rs 3,591 per quintal, with an open interest of 50,700 lots.