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Mustardseed futures up on positive spot cues

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Press Trust of India New Delhi
Last Updated : Nov 15 2018 | 3:30 PM IST

Mustard seed prices were higher by 0.24 per cent, to Rs 4,183 per quintal in futures trade on Thursday on accumulation of positions amid higher physical sentiments.

Marketmen attributed the uptick in mustard seed futures prices to pick-up in demand for oil mills amid tight arrivals from producing belts in physical markets.

At the National Commodity and Derivatives Exchange, mustard seed delivery for December advanced by Rs 10, or 0.24 per cent, to Rs 4,183 per quintal, having an open interest of 46,790 lots.

Also, the delivery in January also moved by Rs 2,or 0.05 per cent, to Rs 4,220 per quintal in 5,060 lots.

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First Published: Nov 15 2018 | 3:30 PM IST

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