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Mustardseed futures surge on spot demand

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Press Trust of India New Delhi
Last Updated : Jul 18 2016 | 3:22 PM IST
Mustardseed prices firmed up by Rs 57 to Rs 4,985 per quintal in futures trading today after traders built up their positions, tracking a firm trend at the domestic spot markets.
Marketmen said a firm trend at the spot markets following robust demand ahead of festive season amid tight supplies from growing regions, mainly supported the upmove in mustardseed prices at futures trade here.
At the National Commodity and Derivative Exchange, mustardseed for delivery this month advanced by Rs 57, or 1.16 per cent to Rs 4,985 per quintal, having an open interest of 850 lots.
Also, most-active August contracts were trading higher by Rs 48, or 0.96 per cent to Rs 5,025 per quintal, with an open interest of 1,10,890 lots.

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First Published: Jul 18 2016 | 3:22 PM IST

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