Mustard seed futures ease by Rs 23 per quintal

Mustard seed prices fell Rs 23 to Rs 4,127 per quintal in futures trade today as traders cut positions, largely in tandem with a weak trend in the spot market on subdued demand.
At the National Commodity and Derivative Exchange, mustard seed for delivery in April contracts fell by Rs 23, or 0.55 per cent, to Rs 4,127 per quintal with an open interest of 35,300 lots.
Similarly, the delivery for May was trading lower by Rs 20, or 0.48 per cent, to Rs 4,179 per quintal, with the business turnover of 7,790 open lots.