 "Mustardseed sheds 1.13% on profit-booking")
Mustardseed prices retreated by Rs 57 to Rs 4,994 per quintal in futures trading today after speculators booked profits at current levels amid a weak trend at the physical markets.
At the National Commodity and Derivatives Exchange, mustardseed delivery for delivery in most-active November contract plummeted by Rs 57, or 1.13 per cent to Rs 4,994 per quintal, having an open interest of 66,960 lots.
The December contract was trading Rs 55, down 1.08 per cent at Rs 5,021 per quintal and open interest stood of 58,290 lots.
According to marketmen, profit-booking at higher levels and muted demand at the physical markets mainly dragged down mustardseed prices at futures trade.
At the National Commodity and Derivatives Exchange, mustardseed delivery for delivery in most-active November contract plummeted by Rs 57, or 1.13 per cent to Rs 4,994 per quintal, having an open interest of 66,960 lots.
The December contract was trading Rs 55, down 1.08 per cent at Rs 5,021 per quintal and open interest stood of 58,290 lots.
According to marketmen, profit-booking at higher levels and muted demand at the physical markets mainly dragged down mustardseed prices at futures trade.